We have placed an offer on a bank owned property that was listed at $172,900. We offered $155k and asked that they pay closing costs. It generated a counteroffer of $172k with them paying closing costs.
Any advice on...
Hi, my name is Andrew I'm very new to real estate investing but I have high goals and aspirations. I am currently serving active duty military and will be stationed in Norfolk, VA. My friend and I would like to buy a ...
HI All,
State: New Jersey
Quick question. I have 4 identical units of property where all the units need a little work to be on top. 3 units are occupied and 2 of them are paying way below market rent. They are curre...
Hey Guys, Recently bought my first duplex. I have been working on buying my next. I CAN get another loan from the bank, I have the credit and funds, however I have been researching the possibility of using private m...
Hi BP gang,I'm wanting to purchase a 2-4 unit multi-fam property as an owner occupant, considering a duplex currently. If both units are occupied with month to month leases, am I obligated to keep the current tenants ...
In June of 2017, I bought an urban core triplex. Many people told me I was crazy, not the first time I have heard someone say that! In hind sight, I can say it was not for the faint of heart, but profitable. My th...
I just closed last week on a duplex in Victoria, TX that came with 3 lots attached. These lots are identical to the one the duplex sits on and is located off of a highway. The oil field rush in Victoria is taking over...
Are origination fees different across the board and is there a cap?My estimate was 4.8% rate conventional bank statement loan was high but was okay with it. Now it's coming back as 7.2% when they sent the paperwork an...
Wow! Where to begin!?!A quick background on how I got involved in real estate investing. I started a new job a couple years ago. About a year in, my boss asked me if I was interested in retiring in 10 year. I obvio...
Hi everyone! I am brand new here and to real estate. I have found a property with amazing potential! It's a 3 bed 1-1/2 bath with potential for a 1000 sqft apartment over the garage. The sellers have drastically reduc...