My wife and I are trying to sell a home in New Washington, Indiana, near Louisville, Kentucky. We're in the process of talking with agents right now to find the best fit. I posted this topic on one agent a few week...
SCENARIOSeller telling me there are multiple bids on a duplex I found with good cash flow. I am trying to to figure out how much to bid. Listing price - $88,900Rehab - 25k-30kARV 160kBottom unit rents for around 1.5kT...
So here's the facts...
The house failed to sale at the trustee's auction on November 20th of last year. At that time the amount to "payoff the obligation secured by the deed of trust" was $317,446.97 and the princip...
Hello all,I have recently been approached by family members as my business starts to grow about them lending money to me. They are interested in the returns and not in the hands on parts of the business. I was thinki...
Hi all,I had a few questions about portfolio lenders. I have been looking to obtain financing and looked at a national portfolio lender. They say their rates start at about 6%. I found this hard to believe since rates...
Hey BP Family. I wanted to ask for advice from small developers in the forum, to see, what makes more sense as your first smalldevelopment, something like a 4plex, or bigger type of small MF, or like 4+ townhomes in a...
So I’ve been trying to help my dad buy a new property to live in, and he’s found this house that he really likes, the house has been for sale for 29 days, the real estate agent that he’s working with, has sent the doc...
I recently sent out my first campaign letters. I received my first phone call today. It is a lady who owns a property with a tenant and wants to get rid of of the house. She told me she had a lot going on in her li...
I am closing on a HELOC next week on my primary home with the purpose of using to buy another property. I am looking at a bank owned house for $70000, but i don't want to pay that much. It needs about 20000 of work to...
So I’ve got a property which needs a central AC and flooring. Maybe 10k in total. ARV of 110k. In great condition, really beautiful home. Has been listed for 135 for half a year, dropped to 130 for a few months, and t...