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Purchase Price: $45,000
3BR/2BA, 1000 sq ft, 25 years old.
Down Payment @ 20%: $9,000
Closing Costs: $3,500?
Principal & Interest (@5% fixed, 30 yrs): $161/mo
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Hey BP,I know this is a bit out there... does anyone have experience financing and completing the purchase of a golf course?There is a beautiful, yet poorly managed, golf course near my home in Suburban Philadelphia n...
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When you have a normal sale (not REO or SS), is it still a good idea to go directly to the listing agent and have them act as a transaction broker? Or is it better to use a buyer's agent since the contract and negotia...
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Long post but here is summary: I refused to use a plumber's service and he threatens to report code violations in my property to authorities!I own a fourplex in Irving and I called a plumbing company yesterday (12/23,...
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In an earlier thread, I described my concerns about getting out a problem tenant. They actually did move out on time yesterday, thats the good news. Bad news is that in the process they removed/threw away all the dr...
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Topic came up in the office today about the pro/cons of section 8 renters. When I lived in Houston, I've always been told to stay away from section 8, because low quality tennents can do some serious damage. However, ...
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I've seen a lot of posts about people eager to start an RAL and wanted to share some of the costly lessons I have learned and hopefully you can realize it before embarking on these projects. I've noticed the usual pos...
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Hi All,I have been under the impression that, when a property with existing tenants is sold in the state of Massachusetts (and elsewhere in the country, but I am looking for information specifically regarding MA), any...
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I have my first wholesale deal under contract now. My fee is $5,000. After marketing this property for about one week I now have a buyer. The problem is that one of the potential buyers actually called the selle...