I purchased a hand full of C/D Class properties in my local city in 2013. I'm now looking to sell because I haven't gotten a good handle on self managing them and I bought too many at one time and my city has zero pro...
How do exit costs factor into your decision to buy? (Your maximum purchase price formula)
I just got a call from a seller who is under the water on her mortgage and owes about 136K and properties are only going for about 105K in the area. She prefers not to do a short sale because she doesn't want her cred...
I have been offered an opportunity to invest in a duplex in a good area in Jersey City with someone who knows what he's doing. He found the deal through a marketing effort, and has it locked up at a great price.
The...
First, sorry for the long post. Before I found BP I started investing in SFR's in Phoenix metro area. I bought on the basis of rent covering PITI and thinking I was good. Surprise, surprise, I was not. It has yielded ...
What’s up BPers! This is Max in the Boise, ID area. I just read Rich Dad Poor Dad and am motivated to start buying assets instead of liabilities. The BP Podcast and Real Estate Rookie are now, literally, my workout ja...
Hi Everyone - Today Mindy and recorded an episode of the BiggerPockets Money Podcast. The scenario we unpacked was an individual who jointly owned a property with her sister and wanted to buy her sister out.To arrive ...
Are there exit strategies that are better suited for seller financing? For example could you buy, fix, sell a home on seller financing? Could you get into some legal trouble if you try bulldozing a home on seller fi...
Hey BP!I recently purchased a property with cash, already having a buyer in place. Due to the title company we used, I couldn't do a double closing, but had to wait two weeks. I also offered owner financing to this bu...
I'll try to keep a long story short here but I need some opinion on how to exit investment gone south:A family member (A) purchased a property for another family member (B). The intention I believe was to fix, move i...