Hi all, trying to decide if I'm just getting cold feet or jumping the gun as a newbie!!
I have a counter-offer on the table for $205k. Please review the following 2-family home in NJ.
Financials
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Looking to buy a duplex with a commercial property and a 2 bedroom unit .. The seller have had this property listed for 1year and 1/2 started at 258 they reduce aBout 6 months ago to 190 I lowballed themAt 140 they...
Hi,I have a question. Is it possible to negotiate a mortgage rate? What is your comment on this? I was searching for this for a long while. I think the experts here can give an exact answer to this query. Also, I cam...
Is anyone having issues with BOA and Wells because you are taking title in your corporation or llc? Bank of america countered with something like "because the buyer is an LLC we are countering with 154k" and told my n...
Hi there,Newbie here. I am not an investor, I am looking to buy a REO property as owner occupied. This property is listed for 300K. I showed it to a contractor, there is roughly 100K required in repairs. Once repaired...
So I've been on BP and educating myself for over a month now I'd say, and I've been making some offers. I've been negotiating with a seller and accepted a counter offer for good value. I'm waiting to hear back from th...
Could really use some advice.
History My wife and I have owned a duplex for the past 12 years, and have it and our primary residence paid off. We have decided to slowly buy-and-hold more rental properties ...
Hi all and thanks so much for all the helpful advice posted on here. We are under contract on an REO (Freddie Mac) and it looks like there's a tenant inside still who has been totally non-responsive. Our thought is th...
This is the counter offer I received:We want to counter your offer in hopes we can work with you. We have requested highest and best and the other offer is higher. With that being said we would prefer to work with y...
I’ve been working with a bank’s agent over the past three months on a single-family home listing in my area. The property is a full rehab, possibly more, and originally had restrictions from Freddie Mac requiring buye...