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I had a seller contact me wanting to sell his house. However, he already has a deal pending and it is currently sitting at a title company. He would like for me to buy the house now (I would try to wholesale it) be...
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Hello fellow BP members. I just accepted a counter offer from a listing agent for a 3 BR, 1 bath property in the Metro Detroit Area as an investment. The original asking price was $40,000 and I was able to negotiat...
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Is the best way to get started in real estate investing to own the first property and live in it ?
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I am starting out in investing and am thinking about a 4 family in a c+/b- part of town. The list price is $145000. The gross is $22800 a year. There is also a 4 car garage that can be rented for around $1000 a ye...
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Hello Everyone,
I have been reading this forum for a while and have found it immensely helpful. I am considering putting a multifamily property under contract and would like some third party fly by opinions.
Units:...
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I've been absent on here for a while because I've been busy working. Finally locked in a rate for the first property, 1,850 condo - 3bed/2bath @ 101k 25%down for 15 year loan. 560 Principal and Interest. That's 3.5%
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Hi, folks. I am almost complete with what I call my first "intentional" wholesale deal (my first one was me picking up land with one intention and ended up wholesaling after the deal fell through). The deal I found ...
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became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.
rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)
Per month average over 36...
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Need some advice on a possible deal.
I found a desperate LL that needs to dump 3 SFR all near each other due to relocation out of state. I am working with his friend who is an experinced LL and helping him sell these...
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I found an REO that I am interested in flipping. I will be living there while I do the flip, with a schedule of 1 year to complete. I see that for NOO flips you should try to purchase so that you're at 70% ARV all s...