Account Closed
Need Help - Best and Final Request
The Data -
HUD Property
ARV 105K
Repairs needed = 16K
Asking Price = $72K (reduced from $79K)
First offer was all cash, $51000.
...
Adam Peacock
Can someone help me analyze this deal?
View report*This link comes directly from our calculators, based on information input by the member who posted.Greetings BP community,This would be a long-distance investment which I haven't done befo...
Michael Upshur
Broker questions...Which ones to answer?
I am a newbie to multi family purchasing but have some experience in Brownstone conversions to SROs.Wanted to know what questions form brokers should or should I not be answering?Ex:Can you tell me a little bit about ...
Sean Byrd
Transitional Housing or Any Innovative Strategy
Hello Fellow BP Family,
I have arranged an amazing seller financing deal, for a property with 24 rooms prior medical facility. I'm interested in any ideas and know how about transitional housing. I'm currently l...
Josh Jacobsen
Homework Help
I'm looking for clarification on a question from the Washington State Real Estate Course, if anybody is willing to weigh in. I think this is a bad question because of the shift from designated broker to client from qu...
Dan Brewer
What is the #1 performing commercial real estate sector for the last 1, 3, 5 and 10 years?
Many investors are in apartments, office, warehousing etc. All good sectors. But very few investors are in the #1 performing sector over the last 1, 3, 5 and 10 year periods, according to the National Council of Real...
Cathy Li
Have non-occupant co borrowers as friends and low down payment
Hi BP,I am looking to buy a multifamily with two friends in San Diego. Have to get more people on it since the high price in SD. Here is our situation Friend 1: Main Borrower. No Primary residence so this multifamily ...
Cassidy Burns
95-100% LTV HELOC Company on Primary Residence in Washington DC
Hi All,
I"m looking for a 95-100% LTV HELOC company on a primary residence. I already have a LOC with Tower Federal Credit Union, so I cannot use them. But I'm looking for a company that will do a HELOC on a new ...
Chris Mason
Using the 50% rule backwards to evaluate viability of a market
50% rule: rent * 50% - P&II'm over here playing with my financial calculator, and found something interesting.Rent * 50% = what you want your P&I payment to be equal to or less than.You can use that and a fina...
Kevin Roth
Crushed my goal! All BP Podcasts in 15 months.
Just about a week ago I had the pleasure of listening to the very first Biggerpockets Podcast. It was informative, clumsy and a touch awkward in light of how smooth they are nowadays. It was momentous for me, as fif...