After listing my property (a 4-plex in San Diego) too high in a declining market, receiving no offers after a month even after a 9% price cut, I asked my broker: at what price could he guarantee an offer within a week...
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My husband and I are fairly new to real estate investing. He owns a pest control company and I'm a substitute teacher. Owning rental property seemed like a pipe dream for us. But then when the market tanked in 2010, t...
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I've recently come across a seller (a 91yo lady) who wants to sell her house with seller financing, interest only, with at least a 10 year balloon here in Oregon with approximately $10k down. All fine and dandy. Th...
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Hi all, currently looking at a duplex in the Arcadia lite spill over area. It will cash flow ~$150/month as is but I think the area will be turning in the next 3-5 years. Not a ton of cash flow for the 25% down I'll n...
Hello All,
Thanks in advance for analyzing this deal.
Main two questions would be: How does the Dott Frank Law effect my deal, and how can I work around it or be exempt from it.
Heres the deal:
...
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I just signed a contract with a seller than I intend to wholesale. The property is located a suburb of Detroit (yeah I know) that's mostly blue collar but is growing and has a low crime rate. Anyway here are the de...
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HEY BP! Looking to buy my second home (owner occupied primary residence) and rent out my current townhouse and I need a couple negotiating tips to help me with my offer.The asking price is $249k (150/sq ft), the owner...
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I’m selling a piece of property. The first in a long line of investments. I do not have to sell it but I’m greedy and it is worth a lot more than I paid for it. I want to be able to work with a buyer. I’ve bought a lo...
All, the following analysis is for a quad for which I just put in an offer. I've read the blog posts regarding the evaluation of properties and what each metric analyzes - I know what all of these mean, but I'm not su...
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Hi everyone,
I am a rookie investor and may have an opportunity for my first off market deal. My neighbor passed away over a year ago, and I let his family know that I would potentially be interested in buying the ho...