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Ok, So I have been speaking with Private Money Exchange about pulling money out of one of my properties.
Here are the numbers
Loan amount $23,000
Closing Costs $6000 - Taken out at closing
Cash in my hand at Closing...
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I was looking to Detroit for over a year now. What's stoping me is the distance. I just want to hear from others in the area or preferably those doing it out of state on how they are doing it and how do you recommend ...
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Hi guys,
Something came across my mind, I never really thought about it since I wasn't focus on buying REOs.
I saw a property REO for $30K and the area is usually $60K-70K
Say that this REO is move-in ready, no re...
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My spouse and I have been bouncing this idea around for awhile. There's a local supermarket in town that is vacant--right smack near downtown, high school and the college.
Wondering what it might take to get it up...
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Hello,I was hoping you guys could provide me a few tips based on the unique situation I'm in. For the past couple years I've wanted to start building passive income, and I'm very interested in real estate. I just hit ...
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Hey BP Community!I've been working diligently to make a deal these days. I've sent out as many letters as my marketing budget can handle, and I've actually gotten a great response rate. Many of those who have called, ...
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My name is Trace and I'm new to real estate investing. I'm 26 years old and recently relocated back to the Birmingham area. Although I don't have any practical real estate investment experience, I have dabbled pretty ...
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I could really use the knowledge of experienced investors here.I live in San Antonio, TX. I have yet to invest in the real estate market (I'm a newbie who hasn't gotten their feet wet yet) and have so far been doing s...
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Hi everyone,
I am in the middle of renovating a 1600 square foot rowhome so that I can start renting it out. Having been built in 1890, the walls are all lath and plaster. The house has been vacant for a few years a...
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Advice Appreciated! I own and live in a townhome right in a booming part of Pleasant Grove. I purchased it about 3.5 years ago for a good price with an excellent rate. I owe about $145,000 on it and my mortgage plus (...