Hi Everyone,I'm about to start a direct mail campaign. my criteria is:1-3 bedrooms30-100% EquityLast Market Sale Date: 1900-2010Property Type: SFRTotal Assessed Value : $1-$200,000Excluding Trust and Corps.I ended up ...
Hi all,
I have a property that I have been talking with the owner and a buyer about wholesaling. The buyer likes the deal as the purchase price and rehab come out to less than 70% of the ARV. So overall it’s looking...
Hey everyone,
I’ve got a cash buyer to buy my home. I owe about 200k on it. I’ve agreed to 200k down and 200k financed over 5 months. The next question is should I pay off the mortgage company as soon as the down pa...
Kansas City's real estate market has been experiencing a shift in Q1 of 2023. The inventory has increased, prices have softened, and mortgage rates have been swinging, all of which has impacted the market in various w...
Broad questions for anybody who has experience with low-income housing! My wife and I are looking at purchasing a low-income housing unit as our first rental investment. The history that comes with it is the current t...
I am running the numbers for a deal I found near me, mostly as a thought experiment. Below is an image of the deal with actual numbers. Closing costs, rehab, and financing terms are a guestimate.The seller owns 15/2...
Just wanting to warn everyone about possible issues with using the provided title services associated with a Hubzu auction property.This is what happened to me on a recent transaction on a fix and flip property that I...
I see the signs on the wall of a slowing economy, but I'm not seeing a huge drop in prices at least in NYC. What is everyone seeing across the country?
All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts. They help prevent after-sale tenant disputes or surprises about matters that originated with the former owner. "E...
Fannie Mae made an enormous announcement this week that impacts anyone seeking to house hack – they reduced their downpayment requirements on 2-4 unit properties to 5%. This is a massive difference from the 15%-20% d...