Noah Wood
Locating vacant homes
Hello all my name is Noah and I’m fairly new to REI I’ve been looking to buy my first property for awhile now but can’t seem to find the deal I want to pull the trigger on whether it’s due to scarcity or the seller ju...
Steve A
Asking for Closing Costs vs. Higher Price (Same netback)
What are the factors to consider when deciding whether to ask the seller to pay for closing costs or just boosting the offering price to compensate.
Sample deal:
Offer 1- $515K, each party pays his own closing cos...
Loc R.
Anyone have a "Principal Paydown" pitch?
I am looking for something formal that I can mail out to my payors to remind them that they can paydown extra principal without penalty and the benefits of doing so.
Daniel Soovajian
Question about closing costs
Hello!I have a question about closing costs...I've reached out to 4 lenders and secured pre-approvals with each to compare their rates, fees, etc.For a 25% down payment with 1 point on a $200,000 investment property, ...
Anthony Bonanno
$2,200,00 for 44 SFR Rentals. A fair deal?
I have an opportunity to purchase 44 SFR rentals in my area. I’m trying to evaluate if this is a good deal. Here are the numbers:
Annual Rents= $378,780
Annual Taxes= $50,168
Annual Ins= $16,080
Assessed Value= $2,41...
Danny Mittler
Is it possible to cheat the system ?
Hey I got an idea I’m sure someone think about it before but not sure if is possible If I find a property for 200k I put a down payment 3.5% is $7,000 plus all closing cost let’s say $15,000 from my pocket Then I list...
Rodney West
REO asset manager
Has anyone had any success contacting the asset manager of a bank to buy an REO property? Several properties on Auction.com have disappeared from any marketing when the reserve wasn't met. The lender is still shown ...
Jeremy Torres
No central ac in Texas
There’s a 2bd/1ba home for $88,000 in south Texas for sale, but it doesn’t have central A/C but it is FULLY remodeled new flooring windows paint & appliances . Would y’all buy a home without central ac? Also th...
Bryan Mitchell
Recommendations for Contractors in Henry County
Do you have any recommendations for contractors in Henry County (Atlanta)? I’m an investor looking for help with a live-in flip.
Ryan Hoover
October AZ Housing Market Update
Fall is officially here, but there does not appear to be any end in sight to the blazing hot real estate market. In a typical year (which 2020 has been anything but) the peak buying season starts to wind down in Octo...