Hi all....How do one find equity in property?Eg: Property Estimated Market Value- $283.000-$305,00 Contract price -$250,000. Needs about- $10,000 in work. Is this enough info to find out the e...
I just want to run the numbers to everyone and see if this is a good deal or not. ARV: 110K-120KRepairs: 25K-30K 115K x 70% = 80.5K - 27.5K = Purchase price: 55K ...
The Seller and I have made 3 rounds of counter offers. Her last offer was $420K with no credits. I countered with $424K and $5K in credits. I found out from the Seller's agent today that the Seller is now "afraid o...
I see many houses for sale, that are stated as "Require 203k loan". I spoke with my mortgage broker and, I'm still not clear on the appraisal process. It seems to me that some of the numbers are based on the After Reh...
My husband and I are evaluating a package deal on some duplexes. All of them need varying degrees of work but we have some concerns about one building in particular. One side is vacant and nearly entirely gutted (and ...
Hey everyone! I want to say thank you in advance for any direction you can give me.I have 2 rental properties and my plan was to move into the school district I want my child in sometime during 2024. I was hoping rate...
Hi all
My partner and I have a property in Memphis, TN. We wanted to see if anyone could recommend some local help: contractors, plumbers, handymen, AC/heating repair guys, etc. We are interested in having a team t...
I recently met with a seller that has a 3/1 1car brick ranch. They want to get rid of it, for under 40K. Kitchen and bathroom need updating and a good clean up on the whole house. I am just not to sure about the Bl...
Hello everyone! First time posting!
I’ve been wanting to get into investing for a long time now so I finally pulled the trigger. Not with buying a property but I shut down my auto repair business and made the decisio...
Hello , I'm 20 turning 21 in April . I have done my research in investing in properties for about two years , I think it's Time to take action now . The only problem is that I have a car loan 19k ,bank loan 1k and own...