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All I am buying a house with the strategy to resell it to the current tenants... Seller needs immediate money, so I am buying it cash for 100... Retail value 140.
I understand that tenant could not buy it right away ...
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I am looking to purchase a house for 280k that will resell for 380k+ in this market after some updates.
I have 2 options to purchase.
1. Pull heloc out of another property to put 25% down(about 70k).
2. Opti...
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Hey guys,I'm looking for a little guidance on how to approach my first deal...The property is my part of town, so I'm pretty familiar with the area. The property is listed for $35,000 but considering the work that ne...
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When you visit with the home owners do you openly tell them that your an investor?
That your going to find them a buyer?
The reasoning behind your offer?
Thank you
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Curious about flipping houses.What would you say is the net profit percentage on your total investment for buying, rehabbing, and selling a flip?What is the average turn around time to buy, rehab, and resell?I know th...
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So he is willing to let me take over his payments, which are $380/mo. I haven't asked him how he wanted to do that, But I am guessing that approaching it as buying "Subject-To" his existing mortgage would be the best ...
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if i were to take control of a property doing a sub2 i wouldnt have to pay the first set of closing costs.so if i took control, and then put 15k of work into it and then sold it for a profit would that make sense?
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I am examining a renovated duplex in c neibourhoods in Cleveland in West Boulevard and Stockyards fir averages of 60-70k but both don't have a garage and one don't have a cooling system... How bad it can be for the re...
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Hi. I know a person who is preparing to do a short sale on their home. I heard bells going off in my head. I asked her to tell me what the bank needs before she puts the house on the market. I've got buyers ready ...
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How to properly do a due diligence on a property you want to purchase and resell?