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I'm trying to understand when the proper time might be to throw in the towel and jump into a short sale.We purchased for 450k in 2006 at market peak, lived in the house until 2011, and then rented it out for $1400.00 ...
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Hello everyone! I just thought I'd post a little update on my progress so far in attempting to find my first deal. Like other new investors, I'm planning on using the fha program to owner occupy a multi family home....
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I recently bought a new duplex and it came with two new central air units. Yesterday it was a 115 degree heat index and the units were having trouble keeping up, it was about 83 degrees in the apartment. Should I be c...
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Hi guys got a question related to strategic planning.Our goal is to get down to a single income to improve quality of life. One of the options for accomplishing this goal is I am looking at refinancing our personal...
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I want him to owner finance to me so I can rehab it to lease it out and I want to sell him on that idea. His plan with the sale money would be conservative and put it in CD’s. I picture a different scenario where the ...
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Hi BP members,I am a 22 year old college graduate looking to buy my first home/condominium in New Jersey (why rent from someone when you have the option to buy). My current job pays $90k and I’ve got a little over $20...
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Hi everyone!
Bought a property under my name for a buy and hold. Got great interest and now I'm fielding offers.
Bought it for $110K, spent $70k in fixing it. Have 2 offers for $260K.
Now that the flip is a vi...
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Hi,I have 1031 with clock beginning to tick in couple weeks. Looking for 1031 friendly investments - commercial or residential. Would love to get thoughts on1. What are typical CAP / COC rates?2. States/ cities to inv...
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Hello everyone! Wow do I wish I knew about bigger pockets sooner!I just became a pro member and am loving the wealth of knowledge available here!I am looking for some advice/help. I currently own 4 single family prope...
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I'm looking to sell my duplex in Bethel, CT and have a target amount or proceeds that I want to walk away with. To achieve this target amount using a realtor, I would have to mark up the price a bit to help compensate...