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Hi, so I came across a property today through a motivated seller. The property still has a 130K mortgage and is appraised at 160K. ARV estimated to be 200KThe cost for PITI is 1,300 per month.It has not been updated i...
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I think I found a great first deal...but it seems too good to be true. The deal looks like this:Its a single family forclosure, the asking price is $52,900House is a 1920 colonial. It needs a TON of work, but is beaut...
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Hello,I am seeking feedback and advice on how to fairly negotiate equity with a GC for a specific project. My role is the Developer. My goal is to:1) Make an equity offer to GC based on Fair Market Value of property2...
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Hi y’all! My husband and I just discovered the BRRR method and have secretly and unknowingly been aiming to use it! About us: we are late 20s young professionals who already are over working the 9-5 and looking to be ...
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Hey there, folks! As a newbie investor, I've been actively exploring the real estate market and analyzing various properties, both single-family and multi-family, within and outside of my state. However, I'm facing a ...
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Here is the down and dirty of my first deal that has landed in front of me. My Father in Law purchased a Condo for $145,000 two years ago. The condos in the complex are now selling for $165,000 in much worse conditi...
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There is a house in my area that needs gutted... every floor, every ceiling, every wall taken down to the studs. The brick is in decent condition, but the second story is cedar shakes and they need replaced. The roo...
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Of course, it still has to pass the Senate - and it faces an uphill battle there - but the House of Representatives has voted to abolish Dodd-Frank .What are your thoughts?
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I am in the DFW market -currently, it's a sellers market. Good deals are going within 1 day and even regular homes that are upgraded decently are on the market for less than 2 weeks. We're currently looking for a deal...
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Pertinent information
Primary Residence: North Hollywood, CA - 2 bedroom 1 bathroom. 1100sqft on a 9000sqft lot
Estimated value - $1,000,000
Remaining mortgage - $520k
Open HELOC - 170k credit line. 70k currentl...