Hello all, so I’ve come across a potential property I like and need help analyzing this deal.Purchase price $399,000Unit 1 has 3 bds and 1 bath Unit 2 has 2 beds and 1 bath Property taxes are 12kRent roll is $3,600I’l...
Hi everyone,I'm a college student, new to the forums, and am trying to learn as much as I can about real estate through the BP Podcasts and any books I can get ahold of. I just read David Greene's Long Distance Real E...
I am just starting to make offers on HUD properties and I don't trust my numbers since I am brand new and worry about overpaying. I wanted to see what other people came up with for ARV and their own offer price for WH...
I want to buy at 70% of ARV with hard money and wholesale it.
REO Property
ARV is $107,000
Purchase Price is $65,000
$15,000 in repairs
ARV - re...
I have experience over the past few years in Owner Financing - SFD but I am expanding into new areas.
What factors do I need to consider when analyzing rentals, in general, and multi-unit properties? I know that t...
Can you guys please tell me how much would YOU pay for this deal? REO property on the market for 180 days with no offers, asking price is 176K, ARV 225K, repairs around 25K.
I plan to hold it for around 90 days to do ...
Hello BP,
I have a potential deal from a Probate, but need some help determining its value and what to offer to the homeowner, who is right now very motivated to sell.
This is a 3/2 (originally a 4/2). Homeowner is...
Found a owner selling a 2 family, The asking price is 55k and the yearly taxes are 2500. The 2nd floor is rented out at 625, the first floor is vacant but could get 650-675 2 bedroom but has a den. All the rehab is do...
Just went to see a house this morning that looks to be a great deal. Please give me your honest input, and investors would this deal be what you look for.
3 Bedroom, 1.5 Bath
1008 sq. ft., large fenced in corner lot
...
Ok, here are 2 deals I did when I 1st moved to Memphis. Not enough equity for investors initially so I did a lease purchase on each 1.
Deal 1: ARV - 65k
Cost + Rehab - 42k
Sales Price - 55k
Down Payment - 2500
Owne...