Has anyone considered or successfully negotiated the price down for a turnkey property? Many of the turnkey properties I see are priced significantly higher than the FMV (comps). I can understand a small (<5%)...

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Lockport.

Purchase price: $63,000

Duplex (Upper/Lower):

Purchased for $63,000
Put approximately $8,000 into upper unit (Paint...

Hey everyone.  I'm continuing with my real estate education, and I have a basic question someone could probably answer.Sometimes when buying a property, there's an encumbrance on it, a lien.  Why would anyone want to ...

Had a potential tenant/roommate once ask me to rent a room $250 bills paid. Laughable price, and a part-time job flipping fries could afford more than that. And, of course, the whole "they're making unreasonable reque...

Hi all! Trying to wrap up my first flip deal and would love some advice.We've been on the market (Listing here for reference) since June 8. Had a ton of interest at first and a contract within 5 days. It fell through ...

We relocated to NJ last year and do not own a home, thus are unfamiliar with agent commissions here. What is the average buyer’s agent percentage in affluent Bergen county? I know "it’s all negotiable” but no need to ...

There is a foreclosure that has been on the market for four and a half months. It has been under contract twice and then fallen through, with the listing price lowered once about six weeks ago. The selling agent has e...

Hello fellow investors,
I have >500k commercial loans with a local commercial bank, on 7 different properties (single family houses) upstate NY, from 7.25% to 8.75% on 10 years fixed rates. I feel the rates are ve...

If I was to buy a house from someone who is asking for too much earnest deposit, could I lower my offer price to make up for the bigger earnest money deposit? Could I not just increase earnest money deposit from the n...

Hello All, I'm in the process of purchasing a duplex. My offer has been accepted and the the home inspection was just completed. Everything is in pretty decent shape, although there are some minor things the seller wi...