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I am a wholesaler from New Jersey. I drove past a condemned house, the roof is collapsing. I haven't experienced a condemned house as of yet. what hurdles can be expected?
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Hello all,
A bit of a newbie here, been a landlord for about 7 years but always been in smaller multi families (2-3 units homes).
Anyways, I have an opportunity to 1031 into a 6 Unit residential building and had a co...
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Has anyone ever used velocity? I contacted them for funding on commercial multi family Propertys. They informed me they do not deal directly with investors,and that they only deal directly with brokers. From that poin...
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Hello, Back in August we had some roof damage to one of our rental in Dallas region. We got an estimate from a roof repair company and the estimate came to 12K.We got the insurance involved and while they agreed ...
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I recently purchased a property that will be a vacation home, and vacation rental. I had planned on putting 20% down and getting a mortgage, but due to 6+ offers, I had to give a cash offer to get it done. The cash a...
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Has anyone used this formula before and how does it work?
Have problem with having offers being except with the tradition rehab formula of 65 70 % of ARV.
Any other ideas welcome
Thank you
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Hello everyone,
I am a beginner in real estate investing, getting started in my first deal with my Mom. She has always owned this one duplex outside of Pittsburgh (she bought it for cash about 7 years ago and has bee...
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I am looking for some advice on how to proceed with my current situation. Back story:I purchased my first and only investment property in 2017 using a 30 year conventional loan with I believe around a 5% fixed interes...
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First things first... Happy New Year everyone! I hope your 2015 is off to a good start. I have a hypothetical scenario for you to ponder. Let's say you are looking at purchasing a performing note, but after doing t...
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I've been studying different ways to determine the maximum allowed to offer seller. To be able to use the "fixed Cost " method, I need to know the fixed costs e.i closing cost, transfer fees, and everything else. What...