Hi everyone. I'm not sure if this is the right place to ask this, but I need some advice. The situation is that we moved in to take care of my elderly parents several years ago and ended up adding onto their house so ...
Hi everyone!I wrote a post a couple years ago asking if I should buy Investments in the US or in Germany. Since then, my wife and I had been communicating (AKA negotiating) with an owner casually about selling their a...
Hello BP,
The wife and I are buying a lovely triplex to house hack. The appraisal came back $50k less than the purchase price. We want the house but don't want to overpay for the property. Our options are 1. Walk aw...
A seller finance note:
Property buying price: 315k;
Down:100k;
Financed amount:215k;
Term:15 yrs;
Terms remaining 14 yrs and 5 months; (174 payments)
Interest Rate:5.75%
Monthly payment: $1748
Note asking price 200k
...
I have a HUD property on contract which expires on 1 Dec. I had 45 days to close. Since this is my third property I chose not to go with a conventional loan. I assumed banks wouldn't want to talk to me anymore. Plus I...
I think this place could be a great place to have a blacklist of appraisers after my recent experience. I know the admin is afraid of legal consequences, so does one exist, a black list of garbage appraisers?
I rece...
I am using Cozy.co to do my background checks among other things. While the credit check normally comes out instantly the background checks are taking up-to 5 days (for someone with past issues). Cozy.co uses another ...
Hi All, I'm new to REI and hoping for a little clarification.Quick background - I'm looking at 10-25 unit apartment buildings. I found a 10 unit building with 2 retail offices on the first floor that has potential. Th...
Hello fellow BP members, my wife and I just acquired our first multi-family home in the beautiful city of Greenville, SC. It's a single family home that has been converted to a duplex. However, the previous owners did...
Hello BP,
I recently put a house under contract and I'm looking to rehab the home. I used the square footage from the tax records to build my offer and rehab estimates. My seller accepted my offer and I was excite...