APPRAISED VALUE: $73,000
Purchase Price $53,500
Closing Costs $600
Assumed Loan $53,000
Refi % of ARV 80% $58,400
Loan Costs $3,000
Cash Out $2,400
Net Down Payment -$1,300

Instant Equity: $14,600

Avg. Rent...

Hi, I'm looking at a deal in the San Antonio area and wanting to get an opinion on whether or not it is a good deal.  Here are the particulars:Price - 137kARV - 170kRehab-15kRent-1600Tax-4400/yrIns-1450/yrHOA-250/yr30...

So, I am currently browsing properties and constructing agreements for joint ventures for fix and flips. I know that this is the path I want to take, but I can't help but notice the jitters I get when attempting to pr...

So a quick set of bullet points:
-My boss is selling her manufactured home (de-titled) for 195k cash as is
-The realtor has already provided comparable houses at 245k and will list the house in 2 weeks-The roof, app...

Not Sure? Received a call about a Triplex for sale initially @ $195K per another quote un-quote wholesaler, by the way his wife is a real estate agent. Supposely, the owner gave the property back to the bank.  As I di...

Does it basically boil down to the numbers that makes a buyer happy? What if i'm happy with a 8% cape rate but others say no way. If everything is analyzed and comes out to make one person happy but someone else says ...

HII'm new here to BP and loving all the info and advice. I currently own 3 rental properties in Salt Lake County Utah (townhouse, duplex, condo) and I am looking into bigger and bolder RE. I am under contract on a 6 p...

Hello Y'all,It's a off market deal in Houston, TX for a townhome. Year build 2006, 3bed/3.5 bath. 3 stories.Area: 2100 sq.ftAsking Price: $325KRepair cost: $25KARV: $410K.Is this a good buy? If so, should I fix and fl...

Hi everyone, this is my first post.I am looking to do a multi-family deal in the Atlanta, Columbus, or Dallas areas.  I have been doing research on the areas, and I know them well enough to feel comfortable looking fo...

Im looking to make my first deal, so im asking for advice. "ONE large 3 bed/2 bath and THREE 2 bed/2 bath units. Each has separate garage with washer/dryer hookups. New roof in 2010 and 18 inch tile flooring in all ...