What formula are you using to make offers on listed properties? The 70% of ARV - Repairs and fee make your offer come in too low and most realtors will not entertain the conversation of a super low ball offer thats co...
I am not sure where to post this question, this is my first time on the BiggerPockets Forum. I am currently a resident in LA county however I own a rental property in Burien, WA. It is a duplex totaling 4 bds and 2.5 ...
Hello all,I am looking to purchase my first buy and hold property in the Orlando area and was hoping to get some opinions/advice. I am searching in the 130K to 150K range and I have the ability to pay cash. Does it ma...
I have an approval letter for a conventional 30 year mortgage for an investment property with 15 percent down. I feel like it's a little high, though I know rates are high right now. I'm looking for some comparisons. ...
I was the winning bidder on a HOA foreclosure (2nd lien). Property has a 1st mortgage (also filed in forclosure). I received the certificate of title from the clerks office. Can I get (or need title) insurance ?
D...
So I think I get it now. Auction.com does nothing except put an offer into the sellers hands. Even if you win the bid and meet the reserve, all you have done is basically presented an offer. It's up to the seller t...
Hello All,I have around $200k in equity in my primary home. I own 2 other rental properties. I have a pretty large emergency fund in place for those properties, but I wonder if that capital could be better employed ...
I'm trying to close my first subject-to deal and my title company is unfamiliar with the process. Being that it's my first one I'm not exactly sure how to explain it to them either. My understanding is that the proper...
Hello BP,What are all the expenses related to purchasing a co-op in New York City? I know there is a down payment of course, but about what percentage of price is closing costs? And are there other expenses such as a ...
Hi all,I've been reading through Real Estate By The Numbers by J Scott and Dave Meyers. It's really thorough and a great read so far!I'm caught up on their breakdown of NOI. They say Net Income = Operating Income - Ta...