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I came across what MIGHT be my first big step into apartments, however, I have 2 problems: I need a cash investor to get the deal done and I need a very experienced person to help me check my underwriting on the deal....
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $326,000
Cash invested: $98,000
Sale price: $605,000
This is a duplex in the Little Haiti area of Miami....
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As a Realtor in the Denver market, I track where our markets numbers are on a daily basis. With the rise of rates, home prices have fallen, just like most places. I'm not so curious on where rates will go, because n...
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Greetings. I recently purchased a SFH for a buy-and-hold. I bought the home for about $95000, which is right around FMV. We did get a seller's concession of around $3500 plus almost all closing costs paid for. We're a...
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There is a great deal on a multi family home but I believe the price is too high, well I know the price is too high compared to the ARV around it!The bad news is that a wholesaler has it under contract right now and w...
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Any reason I shouldn't send it to him? He said he only knows if it was more or less than the purchase price but doesn't get any of the details. He likes to see them for information about subsequent deals.Thanks!
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Does anyone obtain experience doing rent to own properties? If so, please share with me.
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I have been tracking the foreclosure sales in my target county (Passaic County, NJ) and am seeing of those that are "open" (many are adjourned) most are being sold to the plaintiff for $100. I suppose this means the ...
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If you are an investor and a contractor did a great job for you, at a reasonable cost, you may now return the favor to him by referring him.I need a new bathroom and a new addition, converting a deck into a master, pl...
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Last Friday I purchased a 15 unit efficiency apartment building. My insurance company quoted me a price $8k+ more than what the last owner was paying. I called his agent and they said they no longer provide coverage f...