Christopher Reeder
SFR in Mature Neighborhood
Investment Info:
Single-family residence buy & hold investment in Auburndale.
Purchase price: $55,000
Basic 3/2 SFR in a mature, entry-level neighborhood
What made you interested in investin...
Account Closed
Deal near Compton?
2 bed/1 bath, detached 2 car garage. Owner says they owe $204K, want their initial down payment of $25K back. ARV roughly $250K for what it is now. Repairs...landscaping, will need some kitchen and bath updates. What ...
Eileen L.
Escrow and inspection findings
Hello, I’m looking for some advice on a property I’m in escrow on. The property was listed for $65k, purchasing for $63k. There is a tenant in place and pays $850 a month in rent.
The inspection found a few items th...
Caleb Whitney
Short Sale Repair Estimate
For those of you that are submitting a repair estimate with your SS package:
1) are you submitting it with the package or at some point after negotiations have begun?
2) how are you actually doing the repair estimate?
Account Closed
What about the inspection money?
I put in an offer on a house that had only been on the market for a few days. The seller sent a counteroffer, which I signed. I put down $1000 in earnest money and last week I paid for the home inspection and the term...
Dennis Wasilewski
2-unit BRRRR project in Philadelphia, January 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $55,000
Cash invested: $30,000
BRRRR:
Bought for $55,000 and invested approximately $30,000 in renovations....
Account Closed
Multi-Family Buildings
Is it standard practice for sellers of multi-family units to withhold P & L and other financial data until an offer is made? This was brought to my attention and I am having difficulty accepting this. How is a b...
Mark Burlison
Purchasing my first property!
I’ve got accepted terms on my first 4 flat after several counter offers....negotiating the closing details. There are two properties adjacent to each other, hoping to purchase them both. Bank has given me the green li...
Merle Brubacker
First investment duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $59,000
Cash invested: $12,600
1400 sq ft duplex that is currently renting at $175 under market rent of $550...
Benjamin Z. Pickens
Ohio Lease with option
I currently own a home and im rentimg it out. Tenants are on board with Rent to Own and have already received an appraisal. I would like to be done with the home and im looking for an exit strategy that benefits me. ...