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The jobs market is cooling, prices are beginning to fall in some areas, rates are high but forecast to stall (not continue to decline), and the economy is not growing very much. Where does this put us in the real esta...
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Hi there,I recently was forced to evict a “tenant” from a home that I know in Royal Oak, MI. I use the work tenant is quotations, because the lease was not signed with an individual, but rather a LLC for a property ma...
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The sill plate that sits on top of foundation needs to be replaced. It is approximately 45 feet long.Question 1. Inspector said house needs to be raised about 2 inches so board can be replaced . How expensive is it to...
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Hello BP Community,
I need to finance a project for new construction on the land, that we've purchased and teared down all the structures, that were there before. We need approximately about $1M. How would I approach...
I am looking for a good equity partner to purchase an Approximately $10M apartment complex in central Austin Texas. The property is a covered land play for eventual sell or partnership with a Multifamily investor to b...
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Details: Cost of 3 bedroom townhome. REO property. 1500 square feet usually rents for approximately $1,100. Rehab under $5,000. HOA $80 a month. Taxes 2,500 a year. Insurance $100 a month. 20% down. Ques...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $60,000
Cash invested: $11,500
Duplex with one bed, one bath each unit. Upper unit has flex space for offic...
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If the game is to sell the lender on why a short sale is better for them, how do I figure out an approximation of what the bank might get at auction if they take a property back?
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What is a fair price to sell an owner absentee business that shows 85,000 a year in profit and 325,000 in yearly sales?
Thanks in advance
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Hello,We try to aim for properties around 80k... I give 20% down and get monthly payments of approximately $350.00 without tax and insurance. I am left with a debt of approximately 60k. However, I am not convince that...