Robert Lumerman
Duplex fourplex questions to seller
Hi all,
Starting out here and looking to possible purchase a duplex or fourplex. Most likely out of my area since prices in northern NJ are out of my league. When approaching a seller what main questions should be as...
Jacob Elbe
Do I really need a chimney liner?
I'm buying a duplex and the home inspector brought up a concern about the furnaces and hot water heaters venting into the old chimney on the house. There are no fireplaces. I've never heard of this before, so am hop...
Paul Schaefer
What is the definition of a cash buyer?
Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?In my very limited experience, it seems that cash buyers are more ...
Anthony Phillips
Driving for dollars and making offers
So I have a couple questions when it comes making offers on properties that I find that are distressed.I am interested in properties that would work for the BRRR model mostly but wouldn't be apposed to a fix n flipSo ...
Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
David Cohen
How can so many do all-cash offers?
I've been looking into yellow letters and other marketing and it seems like so many say all-cash offers. Do they all have "bigger pockets" than me?
Joshua Watts
Purchase of 10 unit apartment building
Investment Info:
Large multi-family (5+ units) buy & hold investment in Monteagle.
Purchase price: $360,000
Cash invested: $36,000
Was able to purchase this 10 unit apartment building 2 bedroom...
Kevin Sayers
Writing up an offer to a motivated seller
Hey everyone, I am brand new to flipping and about to start my direct mailing. I had a couple quick questions as I have yet to write an offer or go through with a deal yet. I also do not have a real estate license and...
Jamie H.
Creative Financing Question
I am early in my REI journey, doing a lot of listening and learning, but haven't yet put together a deal. I have a SF rental home which I used to live in; next door to it is a property with a very small (650 sq ft/1 ...
Keith Meyer
Mobile Home Park Seller with Low Expenses and Poor Records
Hi All,I'm currently evaluating a park with 65 pads with no vacancies, at a lot rent of $450 for a Gross Income of $351,000. The Seller is willing to finance the park with a low Down Payment, between 5-10%. The Seller...