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Hi all - does anyone have any information about investing in Woodbury, NJ? Looking at a few properties there but would like to know about any "gotchas" -- crime, flooding, tough local government, special rules, etc.I ...
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I wanted to ask all of the experienced Short Sale Investors (those that buy & sell to end buyers via a back-to-back closing) what are some typical profits you all are seeing in this market? I would like to focus o...
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I have a small house in mind (2/1, 850 SQF living area). I think I can get it for a price that's at or very near the 50% rule.
Do these type of houses have a very high turnover rate, like every ye...
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Hi,
I just checked yet another house in a very nice locality. This is bank owned. The house needs major renovation. The asking price is still high which I think will come down in the next few months. Once renovated th...
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I wanted to know if there any New York City wholesaler in this site?
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Hi you guys! Hope all is well with all the people here at this biggerpockets site. I came across a post from one of the moderators here about a formula for the max purchase price : ARV - Fixed costs - Repairs needed -...
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Hi Everyone,I'm currently in the market for my first house hack, a 2-4 unit in a desirable part of the city. I would like to find a deal that I can purchase for slightly below market value that needs moderate cosmetic...
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Hello folks.Recently completed a large purchase and rehab of an three unit building in a downtown area. The units were nicely renovated and are brand new top to bottom. This building is located in a city area with ple...
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4th largest mortgage lender putting the brakes on new loans, nothing to see here!https://www.reuters.com/article/us-jp-morgan-mortgages-credit-exclusive-idUSKCN21T0VU
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $299,500
Cash invested: $124,500
We bought this house as a 3 bed, 1 bath house in late 2016. The house was built in...