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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $253,000
Cash invested: $45,000
Sale price: $565,000
We purchased this as our first home and listed the home...
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We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...
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I'm going to be purchasing a small commercial lot from an individual. It's currently off market, but I happen to know the owner and am agreeable with his price. The price is under $200k. Any feedback on the best way ...
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Specifically curious from wholesalers @jerry Puckett, @sharon vornholt, @sam craven, @aaron mazzrillo, and @lamar cannon....but any other BP member, please respond if you have experience with this...
It seems...
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Hi everyone, I recently purchased a rental property in a condo managed by an HOA, and I’m dealing with a challenging situation that I’d appreciate advice on. Shortly after closing, I discovered that the roof above m...
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First of all, I had never heard of a "zombie foreclosure" until I started researching. I have found a vacant house in my parents neighborhood which I am very interested in purchasing as a home for myself. Both as ...
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Hello! I just discovered BP and am excited to learn from like-minded people!I live in Virginia but I am hoping to invest in my first rental property, a vacation home around Disney World. I know there has been debate w...
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Hi BP!
I need some insight on a condo I was going to purchase for my personal residence. Here's the situation:
I was literally 1 form away from closing on a condo in March (Bronx, NY). At the last min...
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Attention seasoned multi-family property investors:
To offer or not to offer
100 units
Asking price $8M
60% 12 mos leases
40% monthly leases
Total 97% occupancy
My underwriting with the assumptions of all the avg ex...
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So I’m working on trying to close a wholesale deal where the owner is deceased, but took a reverse mortgage out on the property. The children are now trying to close out the small estate by getting rid of the home. ...