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I just found this forum for "Success Stories."We purchase a 2.55 Acre Commercial Property that was unwanted for $500.00 total cost to the seller. I send an email to two of our "A List" buyers and sold it for $15K.To ...
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Traditional Financial Planning advice goes out the window when you start investing in real estate.Questions for BP:- What proportion of your total wealth is held in real estate?- Why do you keep the asset mix you keep...
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Just sold my 3rd flip in the month of November totaling over $50,000 in profits on three properties that were all purchased after Oct 1st. Having a great year this month and still have one more week to go. On to the ...
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Haven't been on BP lately but I've closed on 9 new units in the past 4 months which puts me at 60 total units!9 units consisted of:4- 5 bed units from an owner out of the country. been trying to buy his units for year...
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Newbie looking to get into house flipping. Is completing a flip in Chicagoland area realistic with 50-60k cash and no access to mortgages or desire to use hard money yet. If so any recomendations on how to do it/areas...
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Hello everyone if someone can answer a question for me. I am about to do a wholesale deal and the property is a hurricane sandy left over in New York. It needs to be totally knocked down. How do I figure the pricing f...
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Hi, I'm in the process of buying my first 2 rental properties and shopping for loan. Total cost for both properties is little bit for $200k and I'm trying to finance them with 25% down with documented income and excel...
I decided this year that starting to invest in real estate will be my priority. I accidentally started by buying a foreclosure condo to live in, rehabbing it, and now renting it. I wanted to say hi and thank you for ...
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Hi Everyone-I'm working on securing financing for a deal set to close on 2/1. It's an $80K deal, and I'm moving forward with conventional financing with 20%, for a total loan amount of $64K. I've decided to buy down t...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $700,000
Cash invested: $700,000
Two Family home. 3 Bedroom / 1 Bathroom in each unit. Backyard and detached...