Hey BP Friends! This is my first BP post. I'm negotiating the purchase of a fixer upper duplex. Motivated Seller is asking 55k. Said he would reduce it to 50k (before he knew about the basement issue) Basement wall/fo...
I currently have a house in La. that is being repaired thanks to Hurricane Ida. It's also been needing renovations for a few years now. The mortgage (Rocket) is about $87k and the Zestimate is about $167k.I'm currentl...
I'm an aspiring real estate investor. And I wanna start with small rental properties and work my way up from their one small deal at a time. But I was just wondering. Would a bank give me an FHA Loan if I already have...
Does anyone currently have a marketing strategy that they use to make this happen? I've been wanting to see if there is anyone out there that is coming up with deals in this way. For example: Tax payer owes 10k in Bac...
I am starting to back into real estate investing after a long seven year layoff and recently I purchased my primary residence. I was able to purchase it with only 5% down as a 1st time buyer since I haven't owned any ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $75,000
Cash invested: $20,000
It is a small multi family. A typical Midwest 4 bedroom home, that was conver...
Hello all,I'm wondering if it is possible to create a note out of a property that is paid off without selling the property.I have 21 doors across 10 properties that are fully paid off and 100% rented. I'd like to acq...
This is a newbie question.I am starting to 'take action', and my first step is reaching out to real estate agents, which I have already done. I've also been emailing with a property manager, who recommended a REO brok...
I have run across a great investment. A 28 unit apartment with great cash flow (according to the owner) in a town that is screaming for rental properties. The owner is semi motivated to sale as he needs the money t...
I've read posts from Wholesalers seeking input about the right marketing mix to employ for maximum impact and others grumbling about the relatively high marketing costs v. success rate. I'm actually surprised these c...