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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
...
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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...
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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...
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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'...
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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?
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Hi,When analyzing a commercial property on BP analyzer. What percentage should I use?ThanksTony V
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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...
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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: ...
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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 ...
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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....