Found a property for cheap but, it has mold. There is enough equity in it for a major rehab and the inside looks fine except for mold and a few small issues. How bad is it to deal with and when is too much a bad thing...
I recently closed a wrap-loan with a local bank where I financed a home with a 3 year ARM on 20 year amortization and then sold the home as owner-finance with a 5 year ARM and 30 year amort. Having to this made me cri...
So I'm currently working on getting an additional rental. I've been having the worst time with the sellers as of late. Most recent seller is refusing to turn on the water for any reason so unfortunatly a big part of t...
I'm looking to get into MH investing, one reason is that it doesn't take a lot of capital to get into.
I have found a couple 3-5k MH that wouldn't take much more to get it to a nice & well livable condition..
I'm...
Hello everyone!I had a walkthrough on this property this week and am crunching the numbers based on what I saw. I am thinking of offering closer to 200,000 (listed at 299,000).Additional information:Roof will need re...
My parents recently had a refrigerator leak on the main floor and the water went down into the basement (in Northern Virginia). They're having a horrible time with the insurance company to assess and recommend reputa...
Hello!I've been lurking on the site and forums for a while now, but now I'm starting on my first deal.I have a few prospects that I want to look into, but one has been particularly difficult. It's a single family home...
I'm interested in real estate and wanted to know if realtors are very successful in what they do? I'm changing careers and wanted to know the ups and down of being a realtor. The erason I'm changing careers because I...
Hello everyone,* First Post* I have wanted to invest in real estate for a long time but never new where to start with no money. At the time 2008ish I was in my second year in college, and working full time (40+ hrs) h...
Hello all,Do I invest in getting an Real Estate agent Licence so that I have access to MLS to do comp? or is there just as good a system for doing comps? If i try using an agent to do the comps, how do I work that dea...