De'Shawna Graham
how to get them to lower the purchase price.
Hello BP,
Put in an offer on a place. Purchase price is 125k. but it's definitely in need of serious renovations. Comps in the area are for 160k. The as is value is more than likely 125k. The maximum offer I can ...
Patricia J.
Dual agency for a lower price: yay or nay?
I am in the process of purchasing a condo as investment, and it occurred to me I may get a deal on the purchase price if I ask the listing agent to represent me as the buyer as well. I thought the agent, in wanting to...
Christopher Brown
HELOC - Choose lower short term or long term rate
I'll start off by saying I'm a newbie. I love BP!My wife and I are looking to fund our first deal. We have ~25K cash and $75K in equity in our house and we are looking to use a HELOC for down payment and/or rehab f...
Erika Ebbin
First Fix and Flip-lower to middle income families
Investment Info:
Single-family residence fix & flip investment in Detroit.
Purchase price: $30,000
Cash invested: $19,000
This property in Detroit is our first investment fix and flip. It is a 3 ...
Lisette S.
Purchase Triplex with Lower Down Payment as Owner Occupied?
Okay- I am throwing this out to see if anyone or any lenders can provide some insight. I have a primary residence, but am looking to see if it is possible to purchase a triplex as an owner occupied residence with a lo...
Miguel Horta
What happens when appraisal is lower the listing cost?
Purchasing a SFH in Indiana for $75K, with conventional financing. However, the appraisal came back at $65 K. Asides from paying the difference on close date, what strategies can we do to not let this deal fall throug...
Di Ye
One of a rental applicant couple has lower credit
Hi! What do you guys do if a couple apply for your rental unit, one of them has a great credit score, and the other one doesn't?
George Allen
Trade rental income for a lower price on home?
Good day all. A friend just got his unit appraised in Bahamas for $282,000. Take away closing costs, he’s left with $245,000 in his pocket. He’s offered it to me for $240,000 and i pay all closing costs, 13% on the $2...
Daniel Ragland
Negotiating lower price for new home after signing contract
Signed a contract to purchase a new, under construction home in South Florida in late January for $250k. Home will is slated to be complete in late April, early May. Since then, COVID19 happened. During the last reces...
Jayson Robinson
How can I get a lower flood insurance premium?
Flood insurance is killing my ROI. I need advice on ways to lower my premium. Does anyone know anything about the private market flood insurance? Anything helps.