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Predicting the housing market should be an Olympic event; everyone loves to predict the ups and downs of the real estate market. As we enter 2020 consumers are wondering if it’s a good time to buy? What can home buyer...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $145,000
Cash invested: $5,000
Sale price: $175,000
This property is a former 4 family buil...
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My neighbor is 92 and has a home that needs a lot of work, but with MAJOR upside. We have mentioned to her daughter that if the day ever came which they needed to sell the home they should come talk to us first as we...
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Can someone explain how deals are done to include repair costs in the mortgage loan amount? I recently saw that someone purchased a $140k property and got a $200k mortgage. If it appraises for $200k then do you just ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $340,000
Purchased 8 unit converted motel on an owner hold in February 2019. Pro forma looks like it should be a...
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So my landlord, after me and my other roommate have told him countless times that we would cover it(We still have a week left in our lease), decided to tell us that he was going to paint the walls back and fill in the...
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I recently bought a title policy on a house that I'm purchasing subject to the exising loan remaining in place. As I was about to close, the seller mentioned that things have been really rough since he declared bankr...
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Tennant of 2 years did final walk-through with landlord in person, noted various issues like fridge/oven/microwave cleaning & one missing garage key. Some burnt out light bulbs, dirty unchanged air filter, dust/ha...
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Hey BP Nation,I have a situation that I know I need to consult my lawyer for, but I wanted to see if anyone on here has had the same situation and their outcome.I have two Coast Guard tenants in my single family rent ...
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I live in Texas and i’ve recently learned that Lease Options here are just more of a head ache and not ideal as a strategy for someone who’s just getting started in real estate. In doing my research i ran across what’...