I am currently confused on how I would exit a seller financing deal that has a 5 year balloon in the P&S agreement. For example let's say the terms state that the purchase price is $380,000, DP is $19,000, Amortiz...
Hi everyone!
First time post'er, just found this site from listening to the Mad Fientist podcast and have been binging on former BP podcasts left and right.
About me... I was always interested in real estate and gre...
Hi, all. Last June, my partner and I purchased a 3 bed SFR from a wholesaler at 32k. The house was already rented when we bought it with a section 8 tenant at $750/mo with a lease until May 2017. Originally, the tenan...
Hi Everyone.... I have a multi family located in the short north, Columbus Ohio. I had purchase this with an FHA 203k reno loan and it has been a nightmare with the progress. Long story short.... The property is gut...
I have been educating myself on REI for some time now and I am getting a better idea of what I want to do. At first I wanted to jump into wholesaling because it seemed like a quick start and quick way to earn my own f...
my friend has a rental that's way under water, According to Zillow it's worth about 160k, while he owes the bank 230k. i know Zillow is not the more accurate source, but 70k is pretty significant.the house is rented o...
Hello BP Community! Active Duty Army Engineer about to retire after 22 year of service. Pursuing REI fulltime now, about to close our first syndication -- 41-unit Senior apartment complex in Iowa, PP $3.7M, raised $80...
Hey guys, Should be getting an 8 unit under contract in the next day or 2. Its bringing in 4500+/month, taxes are about 5k annually, new roof within 5 years, heavily screened tenants, 3 units have been updated. Im sti...
Hello all & thanks for your replies in advance! We had bought are first house 1 year ago as are 1st home. I live in northern California (Applegate) & when purchasing a home I had 4 guidelines- be a Fixer, be ...
Hi All,
First time BRRRer and at a point where we are finishing a rehab and trying to figuring the exit strategy. I know, we were suppose to know this at the beginning but just want to take action.
The house… is wh...