We just finished negotiating the price and the seller has revealed at the last moment that there is an underground storage tank in the property. Our offer price did not take into consideration the cost of dealing wit...
I am looking to purchase a commercial property in the downtown mall in Charlottesville, VA. 6000 sq ft. total. The location is A class - perfect. There are two solid tenants (restaurants) with 5 year leases. They pay ...
Hello,
I made an offer on a REO with 20% down and the rest is being financed. I was told that no inspection would be possible after accepted offer. My loan officer qualified me for a renovation loan to fix whatever...
Howdy All,I've recently been focusing on seller financing models and the determination of a maximum allowable offer. My commercial lender will provide up to 75% LTV and will allow the seller to carry back the differen...
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*This link comes directly from our calculators, based on information input by the member who posted.I have this under contract for 146K. I'll do owner-occupy but I will actually live in m...
Hi guys, I'm new to the boards. Just joined today, but Ive been reading your posts for a couple of years now. I bought my first house to flip in January of 2012. It has been complete and on the market for a year an...
The duplex I have under contract has a few minor things to repair. One of the things I'm most concerned with is the HVAC system. The exterior unit and the furnace was manufactured in 1987 (which is when the house w...
Hi Everybody,
After being introduced to this website by my roommate about a month ago, I have been surfing around the site picking up a lot of great knowledge and today I finally created an account, so I wa...
Your answer might be, it depends on so many factors.Before you give me your opinion, here are some details of the deal, I have few debt free rental houses that i want to cash out to purchase another rental house.in m...
Community,By way of quick background, I'm a young non-real estate private equity professional and really believe in talking directly with people who know their stuff. My network really is limited in the house flipping...