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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Harlingen.
Purchase price: $198,000
Cash invested: $198,000
Sale price: $215,000
Duplex built in 2008. $215,000. Cur...
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I have a property that was supposed to close on July 30th. The lender/underwriter keep coming up with last minute things they need and have delayed closing twice. They have had this in escrow for almost 6 weeks now. T...
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I live in california and it is next to impossible to get anything to cash flow without having a huge down payment. What markets are the best to buy in where the cash flow is positive??
I would love to hear everyones ...
Hello,
I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...
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To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
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I'm still looking for my first property. Had a great afternoon yesterday looking at REOs and just had to share (no one else will understand my excitement, but I figured you guys would). I had picked five properties ...
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Hi!First Post on Bigger Pockets: I've heard about the 1% rule of charging 1% of the property's purchase price for monthly rent. I've even heard about the rule being called a 2% rule. I'm just getting started in re...
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I'm preparing to send my first wave of direct mail in the next couple days (planning to buy the list on Saturday [600/700 or so] and yellow letters on Sunday) and I've sort of been ignoring the idea of doing direct ma...
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I'm going to get a list of about 650 vacant properties and 300 absentee owned, out of state properties skip traced. I'm contemplating doing a ringless voicemail campaign instead of calling each individual number. I wo...