James G.
44% Cash on Cash? Am I missing something?
Hi everyone, there is a duplex that I am wanting to purchase, but the numbers seem too good to be true. Is this really a good purchase?Purchase Price: $75,000Taxes: $1,039Insurance: $1,000 (assumption)Maintenance: $2,...
Glenn Willeford
Security Deposits
Does a multi-family property buyer receive the tenants security deposits at closing?
Mike Kinder
Foreclosure Acquisitions
I've been haunting local foreclosure law firms and finding auction dates with these foreclosures, but in stead of waiting for the auction, I thought I might approach the home owner in distress. Has anyone here found ...
Yosef Fares
Best way to purchase a Short Sale listing
Hey guys this will be my first short sale offer and the listing price is 70,000 I offered 65,000 all cash. The numbers work out to make a good profit on a flip but the house has only been listed for 3 days. My dad who...
Chas Fabiano
Listsource Dilemma
One source says to use Listsource for getting motivated sellers using Absentee Owners, while another source says to use Listsource for getting cash buyers using Absentee Owners. The only difference with the parameter...
Joe Guz
1 year w/out a purchase...No more 95/100% financing
Hello, I was wondering if there are any lenders out there that offer 95-100% financing on non owner occ.? I got in last year and got 4 properties w/no $$ down...anyway, as uou all probably know thats close to impossi...
Sean M.
Will Additional Land increase Sales Price in C class neighborhood
I am flipping a small home (858 sqft) in a C class neighborhood which is on .17 acres. The lot next to it is another .17 acres and according to the previous owner of 19 years, nobody has ever been to the empty lot. Ta...
Account Closed
Jacksonville FL Multifam Building Insurance Co Recommendations?
Hello! I've been lurking around the forums for a couple of months and have a question that I figured I could bring to the experts.In the process of purchasing my first quad. Having a hard time finding an insurance com...
Simone Henry
What do I look for on Craigslist?
I was told that the "Real Estate - by Owner" section in Craigslist was a good place to find leads for motivated sellers. I seem to only be finding other investors with set terms. Is anyone else finding good leads on C...
Ross Hayes
Pet Fees & Any different concerns for cats?
HelloWe are in the process of trying to lease out our second SFH rental property. We have previously had a firm no pet policy. However, we are seeing a lot of interested individuals asking about allowing pets. Our ...