I'm evaluating a deal on a very small apartment complex. It's a five unit and the gross rents are $3,025. The desired cash flow is $400 per month (maybe I'm too low here....what are your thoughts?).
The stated expe...
here's the deal:
He owes 68k
He paid 65k in 2004
Current Market Value: $50-55k
ARV: $65k-70k
Repairs needed: $10k
I'm thinking of making my top offer with the lender $35k. That would leave me with a $20k profit, ...
Hi everyone! I am extremely new to the REI game, though I have considered breaking into it for years. I just never had such an amazing REI educational resource like Bigger Pockets. It has really motivated me to learn ...
I want to start a business out of rental property. What entity should I put my property in and why? (Illinois)
Has anyone successfully negotiated a lower payoff for a county, city, or IRS tax lien?Please tell about it here!
Hello everyone, First of all, I hope I put this in the right section If not please had a moderator move it to the appropriate location. So, as some of you have seen in my intro I am new to the real estate investment w...
If you had your eye on a certain house, and you knew it was going to foreclosure soon (no redemption period), would you try to do a short sale (with the house not being on MLS), or would you just wait until the house ...
Ok, I finally find a cash buyer investor and it happen just by assisting him with something personal, we begin talking about life and then I found out that he is currently looking to buy something he can invest in...
I am evaluating few properties for flipping investments, with all-in of 70-80k and having an ARV of 100-120k. My question is who are your potential buyers for such kind of flipping investments. Possible options I can ...
I found a home I am interested in purchasing. The seller is offering seller financing with 5% down and a 30 year term. The seller said they would eventually like the interest rate to rise to 5%, but didn't specify wha...