Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Hello BP, been researching on here pretty heavy about using portfolio loans. I'm still alittle confused. Say you have a 5/1 arm and the 5 years is up, I know it adjusts but what if there is a balloon? What are the be...
There is a lot of uncertainty in the marketplace currently. I know, because I had a deal fall through recently. No one seems to know exactly what will happen over the next several quarters. There are still many buyers...
Hi All,I've been looking for multi family properties in my area and had one come up that looks like it has good cash flow potential but its very unique and that worries me a little bit for a few reasons. I wanted to k...
Hi,In October I sent out a letter to an owner of the MHP asking if he would be interested to sell his park. In November I received a reply that yes he is interested to sell, so after few back and forth, I sent out sig...
I know there are many companies offering short sale negotiations for residential.Does anyone know of anybody who specializes in commercial short sale negotiations?
Investment Info:
Single-family residence wholesale investment in Phoenix.
Purchase price: $88,000
Sale price: $104,000
A tenant of ours who was buying a mobile home from us had a home going through f...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $12,250
Single family owner occupied home, currently being house-hacked with 3 other peop...
Investment Info:
Other buy & hold investment.
Purchase price: $395,000
Cash invested: $92,000
13 Bedrooms and 13 Bathrooms suites, for a transitional house for youth coming out of foster care
...
Hello,After having a property inspected, I have been informed that the property which was built in 1936 has some floor issues. While I was assured that it would be fine in the short (10+ year) term, due to Non-Standa...