Hi all, I need some help analyzing a potential deal. I will provide the basics of the scenario:2 properties for 1 price: Sale Price : $56000 vs $50000 Total rent : $1450Vacancy (8%) : $116 (although both properties te...
I am currently negotiating a property that is on its way off the demo list. It was fully remodeled in 2020, but the city government is way behind. They are at the point of getting it inspected for final clearance, but...
Scenario: Duplex each side is 2bd, 1 bth. Seller is offering to carry contract. Terms, purchase price $85000, Down payment of 20k. 10-15 year contract negotiable. Property needs minor rehab (5k), currently it is vacan...
So not to say that I haven't made and had some low offers accepted but this is the first one where the seller gave me an asking price and I went well under it. The home is a potential flip so I want to make sure there...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $335,000
Cash invested: $247,000
Our 1st and only rental is a 3 bedroom house near a hospital
What made yo...
Looking to do a note for $80-100K to complete a condo sale in Virginia that needs cash to close as the seller:
Have buyer under contract, as a short saleShort sale negotiations halted by Freddie Mac, the investorWoul...
My first nightmare is almost over! I’ve got a tenant in TX (who has breached the lease twice including smoking in the property) who’s lease ends on New Years Eve. Of course, I won’t be doing the move out inspection un...
If i take over a loan sub2 that has an interest rate of 7.5%, is there a way for me to negotiate with the bank to reduce the rate?
I had a Bird Dog call me last week about a property in his area that fit my criteria. I told him to go ahead and have the homeowner give me a call, that I'd be interested in pursuing the property. He calls me back a...
Hello,I am still relatively new to REI and to BP. I wanted to seek some experienced guidance regarding Negotiating skills, a critical piece to success in this field I am sure.If you have a deal that meets your target...