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...
What: Note that was created almost a year ago (10 months or so). One-year balloon with no payments. Due in 2 months. I suspect the note holder is looking to sell since he is afraid the borrower (a relative) won't be a...
Hello Collegues!I'm learning daily on BP about strategies, success stories, how to get started, and this is all wonderful information! Thank you guys and gals for the opportunity to be a part of this movement! What I'...
Once I have a lead in my protfolio what questions should I be asking to figure out if it's a good deal and if it's a good deal for my end-buyer?
Hi,When analyzing a commercial property on BP analyzer. What percentage should I use?ThanksTony V
So there's a duplex in my area for sale for $198,500. The owner wants 10% down and will finance the rest at 4.5% interest amortized over 17 years on a 5 year balloon with a pre-payment penalty if refinanced before the...
First post here. I made an offer of 85k and someone else put in an offer at 95k. Deciding whether to go higher. Details:Duplex 1650 Sq foot totalPurchase price: 100kRehab: 10kClosing: ...
I am looking to make an offer on duplex in northern CA. asking price 150K (recently dropped 50k after inspection) previous buyer had inspection done. Main concern is termite and I have report and estimate cost to fix ...
Hey BP! I found this sight about two weeks ago on my quest to learn all I can about REI. I found and read the BRRRR book, and have since been looking at properties and running numbers on them, mostly for practice/fun....