Kevin Arias
In escrow Los Angeles home bad or good deal?
Hello I’m a first time home buyer. Here is my current deal:749k listed price on ZillowOffered $820,000k 30yr conventional loan at 5% down. 7.01 interest rateNAF cash all cash loan 1.6 on top of purchase price. I would...
Orit Nahum
Short sale
Does one need to purchase a short sale with all cash or is financing available? Can you negotiate on the asking price?Thanks,
Matt Schelberg
Rate My Play For This Foreclosure Listing
A foreclosure I offered on (and lost) 40 days ago fell out of contract. The listing agent came back and asked if my offer is still good. Please analyze my play for this property!
Background:
Property ...
Elizabeth Seiferth
Looking for GC recommendations for a fix and flip
Hi all!I am about to be under contract for a fix and flip in the near west suburbs of Chicago. Yes, I am putting it under contract site unseen but not to worry, I will get there before the options period expires. Wond...
Justine Scheuher
When to get a Contractor Bid?
I am looking to buy my first intention real estate property (currently house hacking a single family home). I am interested in using the BRRRR strategy but have very little knowledge on what repairs/rehabs cost. When...
Emory Neely
First Deal - Foundation Work Needed - Should I do it?
I just had my first offer accepted (yaaaay!), but when I took a look at the basement, it was a mud basement with a foundation made of brick and stone. The bottom floor is held up in some places by wood posts balanced ...
Jacob Plocinski
Researching Your Market
I’ve decided on some basic criteria to filter potential properties in my market. Thanks to The Millionaire Real Estate Investor, awesome book! I’ve now started to actively track and research my market. I’m pretty good...
John Luchristt
Paying contractor to inspect home and provide estimate
Hello,I am new to investing and have identified a possible BRRR property. The property has not been taken care of (my guess is 10+ years of deferred maintenance) and requires upgrades to the kitchen and bathroom. I'...
Account Closed
Seller not responding with 2 weeks until closing
Currently in the process of buying a home (or so I thought) and I just got the appraisal with two weeks until settlement. The appraisal was $10,000 less than the price we agreed on. Seller was also paying full closing...
Brad G.
Making an Offer on a Short Sale
I am the process of making an offer on a short sale, and I am running into some issues. First of all, our real esate buyers agent is recommending that I put in a hard date of 3/5/14 for inspections and 5/1/14 for ...