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So I've had a tough decision on a Duplex after the appraisal came in, It has a great ROI but negative equity and would take about 16 months to make up for the gap in purchase price. Would YOU take this deal or pass?1...
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Hello from South Jersey, my name's Cameron and this is my first official post on BiggerPockets. I'm looking for some advice regarding my first property.I'm soon going to be moving to Naples, FL due to my job relocatin...
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Hi BP,I was toying with the idea of selling my home then renting it from whomever buys it. What are my options in doing this? Can I get at least a 1 or 2 year lease to do it? How would I structure this? How would ...
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So I have been thinking about this for sometime now and I would really like to get into investment property’s. Trouble is I have no idea where to start. Iv never bought a home I’m pretty young still, my wife and I...
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So I have a family member that wants to sell her investment property. Want to come up with creative strategies. She owes 90k. Did not get appraisal. I’m guessing no more than 200k. Looking for a strategy where I can k...
Ok so this is a long one, stay with me here, I could really use some advice. I will try to keep this as short and to the point as possible but heres the need to know info. Brace yourself for a couple follow up questio...
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Hi all,
I apologize if I didn't post in the right forum.
Parents are in a pickle. In a Ch 13 which will be discharged upon close of escrow, leaving them with only $70K. Dad's score is around 590. Dad is 72 and mo...
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Hello,Wondering if anyone has any experience with developing dedicated rentals using brand new single or double-wide mobiles on land vs rehabbing older homes for rental use. Obviously, the new home route is going to ...
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As a new investor, I am trying to learn as much as I can and trying to catch up on the lingo for real estate investing. As I go through the beginner guide on this site, I came across the "rule of thumb" and I cannot u...
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Investment Info:
Single-family residence buy & hold investment in Whitmore Lake.
Purchase price: $91,000
Cash invested: $28,000
2nd Flip! Offered 2k over asking. Way overpaid, but right now if yo...