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Dear Wise Investors
I am currently looking to get a hard money loan on a SFH that I plan to rent out in Missouri.
ARV: $85,000, Purchase price: $58,000, Down payment: $8,700, Loan amount : $49,300, Cash flow: $2...
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All,My partner and I are purchasing a home in Illinois to Fix and flip. The plan is not to live there during this time and to do the follow renovations (update bathrooms, redo kitchen, fix roof/replace roof, paint, de...
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Hello, I own 40 rental houses in Richmond VA and have been self managing for 25 years, they are all paid off. My son now owns a management company and manages all my properties.In the past years I have done nice 30k t...
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A friend from work informed me of a vacant house in his neighborhood and had said the owner was looking to get rid of the property. I jumped on this opportunity and contacted the owner (via mail, which did not get a r...
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Investment Info:
Single-family residence buy & hold investment in Montgomery.
Purchase price: $6,000,000
Cash invested: $4,200,000
Sale price: $14,000,000
Over the last three years we have bo...
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Hey all,
I'm new to rei so I need some advice. Looking at a house in PA, owner is free and clear on the home. Been vacant for 4+ years, no utilities on and he started renovations. Tore out some of the walls, the kitc...
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I need to update my place when the tenant moves out, but I'm not sure to what degree I need to upgrade it as that will depend on what Class it belongs to. But, I'm not sure how to identify what class my property would...
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I sold my first actual fix and flip in 3 days to a private acquisition company. I have sold many of my properties before, but they were rentals. This was the first house I purchased with the intent to sell. I bought t...
Hello,I am a wholesaler in Miami, FL, and I wanted to ask a question which has been stuck in my head for quite some time now. I wanted to know: If I write a letter to an absentee owner asking him if he is interested i...