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Hey everyone,PLEASE CHIME IN! I need help with a potential deal on the table, ANYTHING helpsI am working on a non-MLS deal for an 8-unit property in St. Cloud, Minnesota (MN). I am from the Twin Cities and lack a lot ...
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once I've established a rapport with seller and ask questions regarding the sellers situation and I have inspected the distressed property, How do I know which techniques to use to close the seal and make a profit? Fo...
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Here's the summary...
- CALIFORNIA RESIDENT, not moving any time soon.- Assume $1,000,000 short-term capital gain (with other income, so max-tax)Note that before the gain, I was already planning to buy a couple comm...
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I have a duplex that I live in and rent the other side. I got in with a 3.5% FHA loan which has mortgage insurance on it. My loan balance is about $165,900 after 3 years. Market value is likely $210K. I just got an...
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Hi all –I have a question for all the new, and soon to be new real estate investors out there; experienced investors, feel free to chime in, let us know what challenges you overcame when starting out.What are the chal...
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What are some BP user opinions on investing in a market where there are a fair amount of other businesses that specialize in real estate. I am currently researching potential deals in the small college town of Salisbu...
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I'm looking at single family homes to rehab and want to as part of the rehab create a separate space (or two!) to rent out to help offset the mortgage. I'm wondering if anyone knows which size additions make the most ...
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Kind of a strange post for a real estate investing forum but I will tie this back to real estate. I recently realized that writing is a good outlet for me and sharing my thoughts can maybe help someone else so it’s a...
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So I’m shopping around for a Hard Money loan. I found a lender that’s willing to work with me. The terms are 30% down, 16% interest for 12 months then balloon at the end of 12 months. No points upfront. How does this ...
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Hey BP,How do you approach 0% down seller financing? Long story short, I'm in a position where seller financing is an option, but I'm afraid of losing a deal by suggesting 0% down at too low of an interest rate. My qu...