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For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...
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What is a typical percentage markup for wholesalers for a SFR? Do they have formula or just pick some dollar amount they want to make. Additionally, can you negotiate with a wholesaler or have to accept his price?Kelly
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So Im a new landlord and I’m generating a brand new lease agreement but have no idea what “Hold Over Amount” means in the contract? Could someone please explain. Thanks!
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Property Insurance on a duplexLet me get to the point:I've been focused on getting this deal closed and did so yesterday. Two duplexes purchased for total price of $200,000. ($100k each in one deal)I am going to do s...
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If I sell an investment property for say, $500,000, using a 1031, can I buy two new investment properties for 200K each with 100K for repairs if it is wrapped into the loan?
How much of a option fee should I expect on a $675,000 house? The owner is willing to do a lease option deal as long as he gets $25,000 at closing. What's percentage should I charge a tentant/buyer for a lease option ...
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Does a foreclosure at a auction ever go for under the reserve price? And if so any strategies.. I’m surprised how high some of the auction prices are.Thank you
Hello everyone, today I continued my action plan to find out about how much I can borrow, which will lead me to what kind of multi family to buy. I called my credit union and asked about what they could offer. I came...
Is putting down more than 20% worth it when buying a rental property to avoid extra insurances?
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I'm looking to invest into 1-3 condos' that are currently between the ranges of $10k-20k that are in currently either lis pen or foreclosure stages. My plan is to hold them long term for rental income properties. D...