Complete newbie, under contract for my first property and the home inspection is showing some things that seem to be concerning for me. Hoping for some guidance on whether these things are as big of a deal as the seem...
Hello everyone, Newbie here. Needing your expert opinions.My spouse and I are under contract for a 1942 Duplex in FL. Yes it is old and we are wanting to BRRR this in the future. This is our first time in real estate ...
Hey everyone, General question. I'm looking at 6 unit complex in Florida. The deal is cash only *sad face*. The agent says he can get me private money with 30% down @ 12% interest only. The sales price is $239k. From...
I am currently talking to a guy here in the St.Petersburg area about a 7 unit MF. FSBO w/ owner financing.Lets assume the numbers work on my initial number crunch and its a good cash flowing property.The main house of...
Would you take on that challenge as a newbie?
Investment Info:
Single-family residence buy & hold investment in Joliet.
Purchase price: $78,000
Cash invested: $25,000
3 bedroom/1 bathroom SFH in South Joliet
What made you interested...
I have a potential opportunity for a rehab but it needs extensive foundation repair. Looks like the out side has major termite damage and will need new floor. Is this something I should reconsider?
Buying my first duplex and the inspector found some evidence of wood destroying insects
Other inspection reports:
Discoloration noted at roof sheathing
Joints in the masonry deteriorated and should be repointed
...
I have question about BRRRR. I’m going to do my first brrrr deal. I understand that you can technically make any repair item work with BRRR as long as you are all in at 75% of ARV (assuming you’re getting a really g...
I hired a home inspector for my first deal and will be doing my inspection tomorrow. Does anybody have any good tips for me? I.E. Common things that you had to remind a home inspector to check, tip for negotiating a...