I may have a deal with a short sale. I can run the numbers, but what happens to the current owners when they do a short sale? Will there be any long lasting negative effects to their credit? Anything else negative ...
I'm in contract on an SFR and have hit a snag with my projected BRRRR strategy. My question is, does BRRRR work if the initial purchase is with a standard 20% down investment loan? It seems to me that much of my cash ...
Hey, everyone! How's it going? I've been doing some research, and I'm really interested in the multifamily real estate market in Texas. The thing is, I don't live there, and I'm eager to start my investing journey in ...
Hello all.An other quick question.I know that direct mailing does not give immediate results. It takes time and perseverance/consistency.But isn't the whole point of targeted lists to find people that NEED to sell the...
You are Not Alone in Your Real Estate Ambition.Every single person in real estate completed their first deal with huge trepidation. Over the years, I’ve asked many real estate pros about their 1st deal experience. Al...
My go-to turnkey company sent me an interesting offer last night. A 55k house cash flowing just over $200/month in a rougher area of town. The realtor doesn't expect there to be much appreciation as all the revitaliza...
first, i'd like to say "hi". been reading the posts/blog here for a few months, but it's finally time to join the forum.
second, not sure if i am posting this in the right area since the layout of the forum is a litt...
I want to buy at 70% of ARV with hard money and wholesale it.
REO Property
ARV is $107,000
Purchase Price is $65,000
$15,000 in repairs
ARV - re...
Purchase price: $152,00020% down: $30,400Closing costs: $2500Monthly rent: $1295Monthly cash flow: $250 (after mortgage payment, property taxes, insurance, 5% vacancy, 5% repairs and maintenance, 5% capEx)Looks like a...
We just bought a 3-family and have one unit left to rent out (owner occupied). We have an applicant who we generally liked, a nice woman with a disabled daughter who is in boarding school 9 months out of the year. T...