Found a 4/2 duplex , 1466 sqft for $12k and around $10k (seller says $6k) rehab needed. Comps are between $58 and $67k. Problems? This would be my first. Is not local to me. The seller is wholesaler as well.
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So I came across a commercial MF property in Midtown/Tobin Hill area in San Antonio, TX. I called an investor form Austin for advice who I met in passing and he wanted to me to send him the figures and also the addre...
Hello my partner and I have been presented with a seller who wants 215k for a home that has a zestimate of 349k and the tax ass. was at 218k in 2014. The market is good there the home is in need of less than 20k in re...
And hello to everyone I am new to the real estate investing circuit, I'm about 9 months in and trying to do my first deal. This is my situation. Me and my partner put a bid in on a reo forclosure property which was a...
Hello BP Community;I have these two opportunities to purchase 2 properties.They are student houses, both in excellent condition, no rehabing is required! Both have been placed through the BP Analizyer / calculator, ov...
Hello Bp!I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:ARV: 100kRepairs: >5kPrice: 73kThe home is tenant occupie...
$3,000 / month in rental income (6 x $500)
less 50% for expenses = $1,500 / month
$180,000 purchase price
$ 25,000 renos
total investment of $205,000
205,000 @ 7% & 30 years = $1350 / month
+$150 / month
* wo...
This would be my first investment property. Here is the quick rundown; Renters beat it up a little bit (roughly 20k in repairs that I will do myself), mostly cosmetic and then quit paying their bills so the owners dec...
I have a seller in Denver that is ready to move forward, great right? Kinda, the properties numbers are more in line with a decent buy and hold however, my buyers list for buy and hold properties is dismal. The last t...
3 bed 1.5 bath 960 sq ft
Seller wants $95k
Needs $7-10k in repairs
ARV is $127k
I want to wholesale it but the margins seem too thin? What's your thoughts?