I find myself coming across more development opportunities and I'm needing some better "back of the envelope" criteria to help separate the wheat from the chaff. Almost every deal requires spending some amount of pre...
So I have a property under contract for $85k, was looking to assign for $95k. The seller asked if I could possibly renegotiate my offer, I know she's in a tough spot but the $85k was what I negotiated with her husband...
Hello Has anyone assigned a wholesale deal to a Homevestor franchisee? I searched for the topic on here but nothing came back.I have a deal that all my buyers list turned down because its a frame home the layout is re...
Does anyone know if it is possible to renegotiate a lease prior to purchase, or make an offer contingent upon changing a lease?
I am about to make an offer on a duplex with one unit that is rented $100 below market. ...
Hi, this is something that I can't seem to find much information on, and perhaps someone here can help.If you buy a rental property with current tenants under active lease, can you as new owner break/amend the lease a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $160,000
Cash invested: $45,000
Current resale $272,000. ROI 16%
What made you interested in investing in this...
Hello Fellow BP'ers,
Here's the deal, I was about to cancel the contract on the property in question due to lack of buyers. As a last ditch effort I told a friendly buyer he could take over the contract at t...
We own a large industrial building. We are re-negotiating with the tenant for a 5 year lease. They wanted a Right of First Offer clause added to the lease. We agreed, however we wrote it to not survive if we sold the ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $67,500
Cash invested: $7,500
Sale price: $107,000
Cute little fix and flip with minimal work needed.
...
Hello I close on a a four unit in two weeks. I locked my interest rate and I understand you normally can't get out of that rate. However I'm just trying to see if there are any stipulations to get out of that locked r...