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I have a motivated seller with a house that's worth about $70k looking to sell for $50-$55. Not really a lot of room for a flip or a wholesale. There is zero debt on the property.
What other strategies can I try h...
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I'm just getting into learning REI. The main question I have so far is how does one actually find someone willing to sell so cheap? I'm just hoping to get into the business to earn a little extra income and so I won't...
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I'm working with a guy that purchase a primary residence. Instead of taking out a 203k loan or even an FHA loan he put 20% down. He was under the assumption he would be able to take out the rehab costs at the end of...
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Hello Everyone,I am a new investor looking to do my first deal. I started off by looking in my neighborhood as a means of generating my own farm area. I chose this area because it is strictly a residential area and ho...
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I am currently living in a home with my family. Brief history I have a past bankruptcy and some financial credit challenges that need a little time to over come so we are looking to lease option the house we are i...
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Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
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I'm investing in Texas from out of state because I believe that you have a huge amount of growth coming in the future. My focus is on areas with a lot of business and people moving in, that can still cashflow.
I've c...
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I purchased a 6bd student rental 18 months ago with renters in-place. 2 of the 6 residents have lived there 3 years with the others living there 1-2 years. Prior to that, one of the 3-year residents had the property p...
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I am looking into purchasing a multi-family property in St. Petersburg, FL. I am a new real estate agent and have been researching investment properties for the past 1 1/2 years so I am fairly confident in running the...
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I am trying to purchase a rental property that is in foreclosure. It is a 1br/1ba condo fully renovated. Bank has dropped the price from 97k to 55k. I am offering 50k cash. My question is this. My banker says a regula...