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Is it worth looking for deals hoping the seller is willing to wait 45-90 days for the bank to close or should I make sure I have enough cash to pay for the entire purchase before I make offers?I'm under the impression...
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Hi All,Just made an apartment building fix and flip presentation to an investor, though he liked the project, he did say that my pro forma presentation could be visually simpler and more visually appealing. I was wond...
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Currently working through a nightmare portfolio deal with a 76 year old lady. Closing is supposed to be on Friday 8/30. Now, towards the end of the transaction she is suddenly demanding more money at closing - which s...
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I understand that when you fix up a house it increases it's value. I am curious how you really determine how much it increases the value. Is it just by how much you spend on the improvements? or is there another calcu...
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Thinking of selling two or three of our rentals this Summer. Curious how other investors price their SFRs and 2-Units for sale. Assume their is cashflow (tenants are in place).
Base asking entirely on cashflow comi...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $315,000
Cash invested: $38,000
Sale price: $450,000
This was an older home(1950's) that This was our 2nd prope...
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Investment Info:
Single-family residence buy & hold investment in Washington.
Purchase price: $434,000
Cash invested: $38,000
My first deal was house hacking a 3BR 2.5 SFH in northeast DC that ...
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Does anyone have any tips on improving the strength of an offer (without raising the offered price)? I am looking at ways to make an offer more appealing. Ideas of course include all cash offers, quick closing. But...
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Opinions wanted! We just closed on a single family home and the property is zoned for multi-family. The house is about 800 sq feet upstairs and 800 downstairs (basement). We could easily turn the basement into a se...
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*Is this a good deal? any feedback is greatly appreciated!