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I think like many of you, I like to have a secondary “out” when closing a deal whenever possible. We are in the process of closing a cash deal for a property with a bit of a unique secondary out. Here are the basics o...
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Does anyone have any advice for finding and funding my first deal in central NJ? I am currently using Redfin and realtor.com as my main resource but am struggling, mainly because I don’t see any comps on those sites. ...
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Dear BP community,I am trying to research a previous landlord for my potential tenant.I know the landlord's address, first and last name.How can I find out her phone number in Philadelphia, PA?thank you all in advance!
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Got my first property under contract recently and am starting to connect the pieces.My insurance agent that I use for Home and Auto gave me the below information on insuring a single flip under an LLC:I will have a pa...
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Hello everyone
Has anyone ever worked with EMC on a Short Sale?
I have a listing with an EMC mortgage. I’ve evicted the non-paying tenant. I have an offer that if accepted, will be the second highest in the area to ...
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Im selling a few rentals that still have tenents in them. Do I turn over the deposets to new owner when I sell?
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Just sounds too good to be true. Any and all advice would be greatly appreciated. Thanks :)
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We're in the process of securing a loan for our first rent house in Texas. All the local banks are only offering 5 yr terms at 6% give or take. Is this normal? I thought I would be able to find 15-20 year at market ra...
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Hey everybody,Lets talk submitting REO and Bank Owned offers - not short sale.Now, I know of the usual question: "What % will get accepted?"Typically, in New Jersey, REO properties move at 72-75% of original listing p...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Hot Springs.
Purchase price: $200,000
Cash invested: $96,000
Sale price: $400,000
This is a 5-unit MFH in Hot Springs, ...