I’m working with sellers of a 6 unit. Agreed to seller financing for 15k down at 6% for 15 years. They’re asking 300k. Brings in 3250 monthly. The problem is they are unaware of actually how much work the property nee...
I just made an offer on a SFH in which I was overbid by another buyer. If I had bought it here are the numbers I would have had in it:
$92,000 down payment
$40,000 to add two bedrooms and two bathrooms
$132,000 tota...
I am looking at a 29 unit apartment building (brick/flat roof) that is worth $2.2M. It is 100% occupied and needs $100k in upgrades (value added items only) plus parking lot pavement of another $60k cost. The seller...
Hello and good evening everyone!
Long time reader, first time poster!
I've been keeping an eye on 4unit multifamily unit buildings (to stay qualified for FHA loans) in markets that I am interested in/would be alrigh...
Is it better to run your business from home or an office? Let me know your thoughts on this!
So I just came back from previewing 8 properties for potential buy and hold/fix and flip. I found that I was constantly trying to take good pictures, videos, jot down notes, and ask questions. At the time everything...
Hello BP!This will be my second door with none of my own money. I am now putting together a deal for two investors and I. They are splitting total cash needed ($55,500) for 20% down on a purchase price of $262,500. It...
I am looking for my first multifamily deal in Houston, Texas in the 50-100 unit range. My plan is to add value and then re-sell or re-finance.I was hoping to find a property that was 20 years old or less, but the vast...
OK, so I bought a house. Officially was listed as: 3 bed 2 bath 1 bonus, 1756 sq ft. Dirt driveway with "one car garage" (no car will fit in that garage though), built in 1910, new roof in 2015. Small town in the midd...
Hello everyone! Just submitted an offer for a duplex in Detroit - Bagley District Neighbor hood. It's listed at 160k with 6 bedrooms and 2 1/2 bathrooms. I've been looking for a deal for over a year now and this looks...