Jason Anderson
Know how to close the deal
ok, I'm sure this horse has been beat to death but I need to know. So in the process of getting leads on distressed sellers, what is the the run down on closing the deal to get someone into contract? I know a lot of...
Kenneth Goldman
Need Help Knowing a Good Deal
I am looking at a house in Skokie, Illinois where the asking price is $205k. It needs roughly $35-$40k in rehab work. The comps seem to indicate the house may get an ARV of $300k tops (conservatively $290k). I w...
Arlind Mucaj
Buying first duplex - looking at numbers help
Hi BP Community, I am buying my first duplex and am working through the numbers. Here is some information on the duplex:Basic Info: 1941, 3B 1.5Bath, 2 BD 1 BathPurchase Price: 151KDP: 44K Rents: 22K AnnualMortgage/Ta...
Justin B.
Solo or Partner on First Deal?
If you had it to do over again, and you had two options, what would you do for your first deal, which I'm sure would be a huge learning experience?
(1) Buy a SFR or small multi by yourself and finance it on your own
...
Ion M. Cerga
24.45% cash on cash return deal in Fayetteville, NC in 2023
Investment Info:
Single-family residence other investment.
Purchase price: $140,000
Cash invested: $15,000
This is a seller financind deal. We got a loan for 140,000.00 from with 15,000 was down paym...
Shiela R.
Partner and Renovate to Sell at a Higher Price
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $10
Cash invested: $52,000
Sale price: $800,000
Bought this house using a land trust and JV agreement.
...
Frank Bonzai
Dont know how to analyze an apartment deal deal
Right now i dont know, what i dont know... I'm looking to purchase a 50+ unit apartment deal.
I dont know how to read PL statement/ T12. I know what most of these terms mean as individuals, but when i look at it as...
Brandon P.
Newbie Oversights on First Deal
I purchased my first property four years ago, a 1300 sq ft bungalow located in Regina, Saskatchewan.
My intent is to share some of the significant oversights and mistakes I made to help other new investors avoid mak...
Klaycon Santos
How much above asking price would you go?
Asking price is 520k for 4 family unit. Did the whole check up and only small cosmetics work need to be done. But it's a hot property 20 min from Boston. Average comps for this location is 450-500 but I want to close...
Brian Gorman
Home Mortgage Lender Information
Hello,I am just getting started investing in Minneapolis and have developed a relationship with an agent who has since referred me onto a home mortgage lender. I am in the process of getting all of the documentation t...