Daniel Wiggin
Approved Offer Above Comps
New to investing, I found a town home I liked which will fit perfect in my portfolio. The listing price was 205, I offered 200 and it got approved. This is essentially a turn key unit. On a second look at comps in the...
Victoria Kowalski
In contract - tenant on disability
A few weeks away from closing on a multi family house and I have a few questions:My agent told me they are doing a virtual appraisal.. Is this good or bad?Just found out the tenant is on disability. Her mother also ju...
Dee Georgian
Take a loss on the property or raise the rent
2 years ago I was plunged into renting my property after a loss of a job and split from my partner in Henry county Georgia where the home is under water and I now own 100% of the property. However, even though the val...
Andrew P.
First deal under contract, inspection issues on as-is sale
I'm under contract on my first deal. A backdoor duplex (not zoned as a duplex) in a hot market. It was built in 1978 and I knew it would need around $20k-$25k or so of work. Under contract for $180k and rent is aro...
Mel Rosario
who has this problem
I LIVE in in a Las Vegas house originally bought for 350k in 2005 now worth about 160k. The monthly mortgage w/o taxes is about $2000. I have made all my payments and never have been late. I want to buy a bigger ho...
Mike Bryant
All-cash deals contingent on inspections?
Hi everyone - wondering what the protocol is for wholesaling and cash buyers regarding buying houses "as-is".. We have been active in the "buy-and-hold" model for several years; we have standard contract language r...
Erick Kaufman
Buying homes with blind offers
Hi everyone. We are land investors and use blind offers with success. We also invest in SFR homes for long term passive income (we rent them out). We would like to try and use the blind offer method to purchase homes ...
Angel Glancy
Waiving Inspection to Purchase Property???
Ok, so I've been looking at Multi family and single family units in Western PA for my first investment deal. My partner and I got an FHA loan approval about a month ago so we've been working with a local real estate a...
Alvaro Rodriguez
What happens when appraisal is lower?
I am in the process of closing on a house, closing date is 2 weeks from now. However, the appraisal the lender ordered came back $17k lower than the asking price. At this point what is the most logic next step? I don’...
N.A. N.A.
where to find info for negotiating NNN lease
Hello,
Relative has a stand alone NN property (drug store - national tenant) and lease is currently being renegotiated. I am in a small market - central NY. No growth. Believe store to be reasonably good p...