I am in escrow on a foreclosure that fixed up would be about a 200K property. I can get it for about 145K but it needs a few things as its a 50 year old home in a great location. This isn't my first rental, but I want...
Hello fellow BP members. I just accepted a counter offer from a listing agent for a 3 BR, 1 bath property in the Metro Detroit Area as an investment. The original asking price was $40,000 and I was able to negotiat...
Through experience, does anyone have any ‘secrets’ or ‘tricks of the trade’ they are willing to share with making offers to Freddie Mac (HomeSteps)?
I am particularly interested in the amount of earnest money (good f...
New here! Lots of helpful info I have found, thank you all. Hopefully one of you will be inclined to steer us in the right direction. We are looking at purchasing an REO owned by (countrywide). The property is located...
Hey guys.
Over the weekend I came across a property that I really like. Based on comps in the area it is listed almost 100k over what it's worth. My question is, (and I'm 99% sure of the answer) but can someo...
Hello everybody,The following is all theory and I am putting it out there for the community to correct my process not exactly the numbers.I am doing my homework and trying to analyze 5 deals a day. Working on getting ...
Curious to know if other investors have had experiences where they acquired a property and realized a huge expense that they otherwise did not expect or uncover during due diligence? Or if they knew about the problem,...
Herewith I am sharing experience from a recent deal and hope people find at least one valuable take away.
Property: 3B/2B/1G duplex in Eustis, FL (2,452sqft). Listing noted both units are rented month to month at $1,...