Hello BP Community!

Wanted to ask the BP community for feedback at my current state and goal. Currently I have a NYC investment property still under mortgage but have roughly 25% equity and roughly around $450k in ...

Purchase price: $142,000 Cash invested: $40,000 Sale price: $240,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Gibson St, Portland, TN 37148.

Hi BiggerPockets community,I'm considering purchasing a 2-family home in Guttenberg, NJ, which was previously registered as rent control with the town.

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

I would say yes because it ultimately effects the borrowers DTI which raises or lowers their purchasing power 

I would like to offer without an agent on some deals I have found on my own both on Realtor.com and off market facebook groups  1) am I insane to try purchasing my first property without an agent?

Keep in mind, since they fund the deal 100% (purchase and rehab), they are taking all of the risk.

We never purchase used dishwashers any more.

It was just a way to earn a few extra bucks when the circumstances proved right.The same for subject to deals; loan subordination; purchasing of “discounted” notes, or hard money lending.  

Sellers Info-Main interest: minimizing capital gains/taxes, preserving estate for his kids-SFH free and clear, no mortgage, purchased 30 years ago for ~$150k-Currently acting as landlord, very likely doesn’t want to continue in this capacity My info:-I want to cash flow the property now -I want to purchase the home now or in the future Property info-No tenant, rent comps $2600-2800-Current comps of $290k-320kI don’t know the sellers full financial picture.