I am purchasing a property for $900,000 from a relative. The issue is the court has appraised the property for $1.175m as is. (Worth $1.4M after rehab).The relative/seller only wants $900k and I could buy for the 1....
I have heard good and bad things about hard money. I have 3 townhomes locked up for 100k. I should get approved for a personal loan for this amount but I usually end up paying for multiple loans ... meaning fees. Any ...
Ok not a real estate question but I know its something that affects us all. Health Insurance what does everyone do when they are doing real estate full time, for Health insurance. Obama care has been Trumped up to the...
I closed on a 6plex on 1/31 after a 5 month lengthy closing. We are in the dead of winter here in buffalo ny. Long story short, after owing the property for 5 days I started getting calls from tenants saying their h...
my parents bought a house back in 1999 for around $244k and have around 60-70k left on the mortgage. The market in our area is exploding and the value around our area is $600-700k.I was wondering what kind of options ...
Hey guys, just wanting to leave a tip for those out there....Slow down and enjoy your life and your personal healthso a lot of people know I'm gungho about investing and attaining higher and higher goals. Well since I...
Hello BP, after getting my license in march and struggling to find investor clients, I have finally found a very nice gentleman to work with on finding investment properties. The problem that I'm running into is that...
Question for the group: What will be your strategy in this case, if it exist? Property for sale for $150K (single-family), but the property is pretty distressed. The comps are roughly $160k-$175k for an updated pr...
I’ve noticed that a common issue with many of the older homes I see is that the floors seem to be wavey and uneven. I assume it’s largely due in part to the foundation settling. I would get an inspection prior to buyi...
Hi all, I’m coming to this group because I’ve now gotten different answers from different cpa’s and I figureD this might be the best place to help resolve this or see if I need a third opinion. I’m trying to understan...