Raza Rizvi
Homework on a property I stumbled upon
Hello friends,
I came across a property in the Bronx where the owner just wants me to pay off his mortgage & $6k lien & he will sign the deed over to me. The place also needs a gut renovation but I have experi...
Ben Tiggelaar
Financing a 4 plex - term sheet from lender
I have a 4 plex in Austin, TX under contract that is fully rented. I have a term sheet from Guaranteed Rate for a 30 year fixed conventional mortgage at 4.875% with no points. Is this a fair rate and pricing right now...
Mary Mathers
Dishonest Disclosures in TX and Advice for a Greenhorn (me) Plz
I've been trying to purchase property in TX. I spend the time to research and find a "reasonable" investment, read the disclosures, then begin the contract, offer (all cash), and earnest money scenario. It ends after...
Cedric Dadaille
Any ideas on new places to find buyers?
I've been to most of the REIA's in town, a lot of repeat investors. I've just about tapped out craigslist and I'm running out of leads to call. Any ideas on where to find new buyers?
Tomasz Andres
How to lead-gen for-sale-by-owner or distressed properties in Canada?
I've been looking to find a way to lead-gen for-sale-by-owner or distressed properties in Ontario.What sorts of strategies would work in Canada?Is pulling lists an option?
Dennis O'Loughlin
Taxes and Refinancing with BRRR
2 questions about BRRR. When you use the BRRR method, since you are not doing upgrades but rather repairs, you can either deduct or depreciate all the work you do or hire out right?Second question. After you Rent an...
Kiki Helland
Should appraiser know of issues?
I am in escrow for an investment SFR and the home inspection revealed issues with the electric wiring. I got two estimates for repair including fixing a fire hazard condition in the wiring coming from the street throu...
Brian Eddings
Homepath withdrew their counter offer?
Looking for some advice. I recently made an offer on a Fannie Mae property listed on homepath.com. The property was listed for 59k. I offered 43k and they countered at 55k. I then offered 46k and they countered at 42,...
Sam Wilson
Getting a loan on a rental
Hey BP crowd - I have a rental property that appraises for 53k and rents for $750. It has been continuously rented for over two years and we net about 7,500/year. Currently we have no mortgage on the home but would ...
Tristan McGowan
URGENT! Investing in Probate property!!
Hello BP community!
A potential(ly great) opportunity just presented itself to me through a friend. Her neighbour unfortunately passed away from a long battle with cancer today. Death is obviously difficult for any f...