I walked a property today for a flip with a contractor who I really liked and he seemed like he is really knowledgeable. But then learned he's not licensed and insured. Now I'm really torn, but think it just has to ki...
Hello,
These are made up figures. I just want to see if I am calculating this correctly. Any advice/opinions are welcome.
Thank you.
Bought for 280,000
20% down payment = $56,000 ( $280,000 x 20% = $56,000 )
lo...
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Hello all,
I wanted to put my plan on the table for you guys and get some feedback and advice. I have never invested in real estate (let alone owned a home), and have really just been reading and researching for almo...
What are the common issues found during home inspections in this area? Are there any red flags I should watch for?
I was wondering what everyone’s thoughts were in regards to FHA mortgages. I hope to finance my first home with an FHA mortgage, but would like to acquire investment properties relatively shortly after moving into the...
I have found a good opportunity for a 16 unit investment well priced. I’m conducting due diligence on the deal but with the current climate wonderful if there is additional risk I should consider? Are other folks stil...
Investment Info:
Single-family residence private money loan investment in Tampa.
Purchase price: $155,000
Cash invested: $30,000
Sale price: $319,000
This was a unique loan opportunity I had the ...
I hope to buy a property using a land contract. The property is worth approximately $100,000 and the terms are 240 payments (over 20 yrs-no interest) to the seller with option to pay the balance off at any time. I...
I've had 11 showings this past weekend but no offers. We've gone through and read the feedback and one of the issues cited more than once was the fact that the windows were older (in an otherwise updated home). Also a...