Harshad Ranade
Fort Worth Property - thoughts?
BPers, Here is a property I am evaluating. Numbers look decent to me. Wanted to get a gauge of whether this one rates anywhere close to good in your opinion? SFH - 3/2 1400 sq ft, 2003 built; Suggested offer price 96K...
Nicholas Calipari
Miami Beach negative cash flow
Hi, I bought an apartment in Miami Beach in 2006. I lived there for a few years then needed to relocate. I have been renting it with -$1200 cash flow each month.Depressed home values have left me waiting it out.After ...
Emmanuel Solorio
My mortgage was just sold & now im having issues w/ escrow acct
My mortgage was just sold to PNC bank in August and now I’m having issues w/ my escrow account. PNC bank is saying I’m really in shortage, they’re trying to collect next years estimated taxes/insurance in advance. My ...
Amber P.
I need help finding the value of a 5-unit historic multi-family home.
Hi,
I am a real estate agent, working on listing a 5-unit property in a historic district downtown. I've researched comps all over the area and they are all over the board. I've talked to lenders and understand tha...
Kyle Stanton
Estimating Rehab/Finding Contractors
Hey BP,I am in the learning phase of the rehab process and am trying to learn how to estimate costs in my market. Would it be appropriate if I reached out to some local general contractors and ask them to send me an i...
Shubho Ghosh
Is this a good deal? Need help Please!!!
Here are the numbers - I'm unsure because of taxes and how it will impact the bottom linePurchase Price: $225,000Rehab:$35,000ARV:$320,000 I've spoken to a couple of hard money lenders who will lend 70% of ARV and eit...
Chris McNeal
How to find accurate PITI for potential property.
I know the real estate agent will give you PITI on a property, but what kind of steps can you take on your own to find this information. Beginner investor..
Tia Rubadeau
Creative Financing for rental with existing mortgage
Looking for any suggestions, feedback, cautions regarding this potential deal:Very motivated seller, currently living out of state with health issues and is tired of trying to sell (we've been watching it for about 6 ...
Account Closed
Should I buy my mom out?
My Parents divorced with a house worth approximately 600k. There's a 200k mortgage left. My mom wants $150kish to buy out her half of the house. Me and my father currently live in the house. He has enough $ for the re...
Account Closed
Should I buy my mom out?
My Parents divorced with a house worth approximately 600k. There’s a 200k mortgage left. My mom wants $150kish to buy out her half of the house. Me and my father currently live in the house. He has enough $ for the re...