George Lods
Analyzing potential first deal
Hi everyone! I've been looking for a few months now for my first deal and boy does it seem hard to find a "great" deal right now. I have made contacts with personnel in hopes of off market deal funnels and I have eith...
Michael Beninati
Question on potential tenant
Hello, asking for a friend, seriously. She has a 1950.00 house for rent, and a tenant prospect who has signed a lease, shown pay stubs which checked out, but has a 675 credit score. She was a bit difficult on getting ...
P M
Critique This Potential Deal
I have located a duplex in a transitional neighborhood that is presently rented on both sides, with combined rents of $900/month.
Through my credit union, I believe I can get a 2-yr ARM at 3.75% for 30 years. They d...
Luis A.
Opinion on potential investment
Ok, look at this puppy that I am considering buying for my next flip:
It might be hard to tell from the picture but that is one steep driveway. This house is located in a wonderful swim/tennis neighborhood in a goo...
Ayo F.
Short Sale Profits Potential
Hello All,
Please I would like to know how much an investor can realistically expect to make on a Short Sale. How much are you guys averaging on your shorts? I have heard that banks are only discounting to about 83% ...
Loc R.
Potential Deal, Input Please
Deal 1:
I've got a motivated seller of a 4-plex. With a cash offer of $150,000, the cap rate is going to be 15.2%.
Now, I've got an investor lined up who will fund 70% the deal (I'm putting up 30%) at 7.5% (20 ye...
Sarah Carlson
First potential deal - help!
Expertise needed! I have a connection with an REO listing agent and just received the price to a property from the bank pre-MLS so I have first dibs to send in an offer that I need to submit tomorrow morning. I'm not ...
George Bittar
Help With Potential Offer
Hello Fellow Investors!
I need some guidance on structuring my first deal. I will keep it brief.
I found a new construction in Florida that has been sitting since 2007 when t...
Ryan MacDonald
Guidance on potential moves
Hi all,So I am looking for guidance with regards to a new opportunity that has come up and not sure what I can do, should do, or if some of my thoughts are even possible financially. First, I own a primary SFH with ...
Karen L.
Potential locations to invest
Hello I'm looking at locations to buy single family homes. I was wondering if any of these areas are good places to consider for passive long term income. I'm not a native to any of these areas so any and all feedbac...