Ian Price
Your Cash-on-Cash Target?
Calling all single family investors! I am curious to find out what your cash-on-cash criteria is? 8%, 10%, 12%, 15% 25%?!I am an agent in Northwest Indiana and am seeing homes selling for $30,000 - $45,000 in decent...
Yishai Kagan
Financing for Invest Property 11 and on
I am now closing on property #14, which also happens to be mortgaged property #10. I invest in the DFW area, but I have no problem investing in other areas if the deals and financing are good. Can anybody recommend a ...
David Frol
Who is Craig Brooksby?
I'm trying to get some feedback for the individual above. Does anyone personally know Craig? done business with him? Is he real? He is claiming in his profile description that he was dealing with millions dollars wort...
Sophia Wang
Mold Issue
I went to look at a potential flip this afternoon. The house is in great shape other than the fact that the whole house is covered in a layer of mold! At first when I step in, I thought it was just dirty, so the fl...
Dustin Mathenia
Buying a non preforming second lien with a non preforming first
Let's start by saying I am a newbie when it comes to not buying or selling. I am trying to get a feeling for what makes a good deal or a bad deal and the different strategies when buying a non preforming note. I'm loo...
Bienes Raices
Is this hard to fix DIY? (photo incl)
The bank accepted my offer. I'd like to fix these myself to save money, but I have no experience. I thought since their small areas they might be doable:
...
Dilman R.
First Time Investor: Connecticut Condo Investing
Hello BP,I am currently under contract for a 2 bed, 1.5 bath condo (recently rehabbed) as my first investment. I offered $267,000 (25% down payment) with seller to pay all closing costs. The HOA is $350 and will eat i...
Kyle B.
Mold Question
I plan on consulting an expert for this question but also wanted to get opinions from BP members as well (who may be mold experts themselves). I saw a house that had significant mold damage on the main level caused by...
Sean Stewart
2nd lien bank foreclosure - excess funds go to 1st lien?
Scenario: 2nd lien bank foreclosure auction ~ $50k judgement/fee/interests. Winning Bid at auction $100k. 1st lien owed $150k (not in foreclosure yet)
My question: Does any winning bid over the 2nd lien credit b...
Aram Schwartz
Title insurance, HOA policy...omg lol
As we are progressing with the studio condo bought on auction.com, we are also progressing on making an offer for a multi-family with 3 units. The cadence... it's a bit tense. I have a few questions.
1) The title ins...