My wife and I are in the process of negotiating our first home purchase and we have just completed the home inspection. We settled on a price that is close to the seller’s asking, but the inspection brought up four m...
I made an offer on a property here are the details. This property will serve as my office and later a rental, this is a condo unit.asking $575 been on the market 45days, my Offer $525. My tap out number 530, after tha...
Hi BP,I am in contact with an owner in Kansas City (MO) who owns 3 duplexes free and clear (total rents for all 6 units are $2850/mo). He owns these properties free & clear, and is willing to sell them at $175,000...
does anyone here who has the means pay cash for your propertys? I am looking for my 3rd house I lived in the 1st and am living in the 2nd I will use a mortgage for all 3 but hope to have the means to pay cash for prop...
I have been researching recent sales in the Baltimore area for Multi unit apartments from 20-200 units and it seems the per unit pricing is to really high compared to the rent. With properties built in the 1960-1970 t...
I am trying to get financing for a small apartment complex and the bank was on board for a while. I gave them the purchase price, the down-payment and my financial information.They insisted on giving them the cash-flo...
I've heard many people in Illinois / Chicago area talking about how they can still get $500/month cash flow on single-family houses. I'm not sure how they're running their numbers, but it seems difficult to even get 2...
I have 8 units so far, all duplexes and SF in Toledo & Cleveland, Ohio. My family member wants to invest in a 24 unit apartment with me so I'm trying to run the numbers.
My question:
What reasonable terms can I ...
My primary residence in northern VA is under contract now and the buyer's financing and appraisal contingency will expire by 9pm of 6/30/15. Our listing price was $499,900. On the existing contract, the selling price ...
Hi BP,I recently spoke with a seller who dropped their sale price 14k below the original sale price when I asked for them to give me their rock-bottom price.I have let it set for a few days trying to decide if the num...