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I made an offer on a multi family property; the asking price was $795K, however the tax appraisal is only about $480K. so I put in a offer at $550K. The property has been listed for almost 2 yearsI don't have a RE age...
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Hello, my name is Dev, I am a new to BP. My wife and I have two young kids and we’re looking to get out of our current situation. I want to buy a primary residence first, possibly fixer upper, short sale purchase. Doe...
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My goal has always been to commercial real estate and I think I found a way but need some assistance (analyzing deal and maybe partner(s)).
My realtor gave me the following information on 26 condos selling for $2,990...
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I am in the process of becoming a first time home seller, to then be shortly followed by being a first time home buyer. I am in the postion to pay cash (not cash because of bank approval, but cash as in $$) for a REO ...
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Seller is motivated, but the property needs a lot of work. Previous tenant trashed the place. She does not want anything lower than what she paid for 12 yrs ago.
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A little background on the situation: My parents neighbor has her property listed on Zillow as "For Sale by Owner". She has also had a "For Sale" sign in her yard for close to 6 months now. Property Details: (Per Coun...
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Asking: $30,900 (assessed for 38K)
Taxes: $1,799
Currently rent: $750
The 2% rule works: 2% of 30,900 = $618
However: at 6.5% my payments would break down as follows:
P&I: $195
Taxes & Insurance: $23...
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OK. I'm brand new to this. I found this property. It is a few miles from a very good area.
This property is in great shape. It sold for 120K about 5 years ago. I think I can get it for around 53K. I have the cash to ...
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I need advise from investors who have had their SD Retirement accounts set up for a while. I have one major hurdle that I can't seem to get past.In our Fix and Flip business (in a non retirement owned LLC) we utilize...