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Just starting to do some shortsales in Ca and AZ. Anybody got advice on where I should start my offers to the banks?? i.e. 70%,80% of BPO??
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Here's my situation--found an REO over the weekend newly listed on the MLS (2days). It's exactly what I want--I know the townhouse, the area, etc, and a great price. My realtor calls selling realtor, apparently ther...
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I have a single family rental that makes excellent cash flow but I have probably $100,000.00 in equity in it and am looking to move on from it. It is currently rented but I am wondering how to best handle these situa...
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We are in the process of Refinancing our rental property for the first time. Given that it’s an investment property, the rates aren’t where we want them. Thus, we can bring 5K to closing to buy the points that will al...
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Greetings BP pros! Normally I like to share our expertise but as a continuous learner, I’d like your perspective to create a solution. We recently had two new leases at the same time in a fairly new duplex located in ...
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Hey BP!
I'm new to the Chicago area. I moved here in August and have been hoping to get involved in the market. I ended up signing a lease, but I was hoping to still find a cash-flowing multifamily. My question is: ...
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Ohio I've noticed has some high cap rates for multi-family properties. Can some of these properties be acquired for 80% market value and what does this entail? Is it a situation where a cosmetic rehab is necessary f...
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Appreciate BP assistance on a problem. New investor/first property. House was REO and winterized. We had plumber come out to turn on furnace for first time. He shared that the flame was orange, indicating furnace not ...
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I rented out my beautiful home to a (kinda) friend. I only accepted a half months deposit and rented it for $1700 ($100-150 under market value). I just wanted someone to take care of it. Over the past year, the value ...
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I've been under contract on an out of state SFH that was supposed to close mid-way through December. After several rounds of negotiations, repairs and inspections I wired my money to close only to find out the seller ...