BP,I have a deal in the works and the seller is willing to finance. However, due to my inexperience, he is requesting a down payment around 300k. I will also need another 200k for closing costs. It is an off market $8...
Hi, I'm a real estate broker from Tucson, Az and I'm just about to close on my first flip deal which happens to be a short sale. I made my offer on this 3 bed 2 bath townhome in Tucson, Az back in August and it's on...
Good morning, Bigger Pockets family. Okay, here's the deal, I will be meeting with a home owner on Monday, 10/25/10, to discuss purchasing either 1 or 2 of her properties. One of the houses is in a serene and comfy ne...
I live in a desirable neighborhood in Portland and there’s a house around the corner I’ve had my eye on that’s been on the market since the spring. It needs literally everything: electrical, roof, ext paint (lead), pl...
Looking to buy a duplex as investment without moving in. I believe it’s about 20% down. Can I leverage a HELOC to do so? Please advise
Long time landlord (own five properties)And looking to try my hand at flipping. Anyone here made this transition that can give some insight ass how I should change my buying strategy?
Hi all,
When looking at foreclosures, is there an ideal amount of equity in the properties that I should be searching for? Should I be searching for properties with the most equity, least equity, or does it r...
What is the tax rate on an assignment fee received from Title?
In my city 2 bed 1 bath homes are not in high demand. UNless you are in very good areas they are often worth almost literally nothing. So my question is:
Has anybody ever developed a system of adding value to multipl...
Relatively new to flipping/rehabing. The rule of thumb we always hear is 70% of the AVR and rehab deducted from there. In our market the median sales price is close to 300,000. I understand in a <100,000 market how...