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how to I calculate how much to offer when I coulndt find a comparable houses. The house 3/1 bath and is 1060 finished and 900 sq ft unfinished 37,000 lot size. the house is pretty old and needs undating. he is asking...
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So I found a property on Hubzu. It's not an auction, just an REO for sale. I made an all cash offer (low ball, but not insulting) since I walked through the property with my agent and contractor and it needs a lot o...
Hi everyone,
I’m a first time investor in So. California. I have a possible deal that I’m looking to put an offer on:
SFR: 3 bd 1.5 bath
Asking price: 310,000
Comps: 307k-345k
Rent: found two homes that rent at 1900...
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Q: Can you make 3 offers at the same time to the seller?Scenario: I'm trying to purchase a property that's listed on MLS.
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hello everyone, I’m bit confused about investing in a particular multiplex. Since I’m a first time buyer I’m leaning towards an FHA to take advantage of the down payment. I’ve found a multiplex that is in good shape a...
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Hi everyone. I just recently found BP and this is my first question.It seems that one of the main purposes of the Fix and Flip calculator is to determine what your max allowable offer should be based on ARV and profi...
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Many times I have to address the difference between Replacement Cost and Market Value to my clients. Unfortunately, there is a disconnect between Mortgage Underwriters and the actual distinction between the two. The m...
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Hi all newbie hereWe are considering purchasing a REO from ditech. The REO manager stated he normally “closes” and signs paper work at a nearby restaurant by his house. The deal was to be done as an owner finance. We ...
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I recently leased out a house to a very nice older couple. The lease start date was about 8 days away. The tenants old lease ends in 38 days. They were just being very proactive in finding a new home and allowing...
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Good morning! I am interested on understanding how to develop and structure a syndication. I'm seeing several people pull funds together to invest in real estate and I'd lime to know the pros, cons, how a contract wit...