Alex Bernth
Closing on my first triplex...
Hello everyone so I am closing on my first triplex and had requested the seller repairs the roof and foundation on this property. We had quotes for the repairs and it would cost $12,300 total from these two specific c...
Sean Dezoysa
What to do if a realtor probably isn't submitting offers
Hi, is there anything that can be done if you suspect that an agent isn't submitting ALL offers/counteroffers to the person he represents?
Dennis Wasilewski
Duplex Partial BRRRR from March 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment in York.
Purchase price: $50,000
Cash invested: $5,000
Partial BRRRR:
Bought for $50,000 and had to work with non-paying ten...
Shiloh Cunningham
First Live-In Flip 811 Cedar St
Investment Info:
Single-family residence fix & flip investment in Muscatine.
I purchased this house as a live-in flip, planning to live in it for 2 years for the tax benefits. Currently, I am wrapping up...
Alex Alaniz
Finalizing deal and overcoming a hiccup
Here's the deal I'm working through. House is an estate property currently vacant. The house is listed for 105k I bid the property for 75k with closing costs split down the middle. The house needs 20-25k to bring it b...
Cornelius Dykes
how do I know if the realtor really put in the offer
my question, I made an offer with the realtor. first one to put in the bid it took the realtor week to get back to me when did get back with me she told me that to sell it was working with another offer and I wasn't b...
Peter Ferre
Fixer Upper Duplex Underwriting
I am in the inspection stage of buying 3 bed 1 bath/3 bed 2 bath duplex for 575k and know that I do not want to spend more than 650k on this project. I am preparing to counteroffer at a lower price due to the extensiv...
Joseph Scorese
MAO – Maximum Allowable Offer
MAO WorksheetProperty Address:ARV:*Costs (30%):Repairs:MAO:Starting MAO (-15%):Formula: ARV – 30% – Repairs = MAO Terms:ARV – After Repair Value.This number is derived from Comps, CMA’s, and other appraisal tools.Cost...
Sam Zdrum
Potential problem with these conditions?
From my counter offer. The seller listed these conditions on the contract.
1. Tenants will have possession for 60 days after closing.
2. Purchaser will retain $700.00 security deposit to be returned to ...
Jameson Sullivan
Trusted Inspector in Tacoma?
I just made a counter offer today on a house in Tacoma and Im hoping it will be accepted. We gave him until tonight.... Does anyone have a home inspector they use and trust to do good work and hang their hat on the wo...