Hi everyone,I'm just preparing to re-offer to a seller with another option, subject-to. I want to make sure that the offer makes sense: Details: SFH, 4/2Cash out = $133,000 @ 70%LTV ($190,000 ARV)Rehab costs: $47,800H...
We are now managing a 4 unit investment property in Oak Park IL for a family member.After their unexpected passing we found that there was a reverse mortgage on it.Property fair market value is about $335K with forecl...
I ran the numbers and have a good idea of what I want to offer for a small house that is in very rough shape.I'm a realtor and since I'm going through their realtor, would I use the same strategies for my offer? So f...
Hello Everybody, I found a short sale, that already had a BPO of $90,000. It needs carpet and paint, so minor repairs and has all appliances minus washer and dryer. ARV is $95,000. So $95,000-10% for repairs equal...
Whats the best way to proceed when a listing agent is delaying responding to an offer, waiting for other prospects to submit. I feel she wants to see if another, higher offers will be presented and I'm trying to figur...
I am looking at wholesale deals and getting into that aspect of investing and am trying to get good flip and hold deals that way instead of from the MLS. Any advice on how to go about making an offer on these homes wh...
What %age of the appraisal value do you offer using direct mail? Thank you.
Working to find our first deal. Are there any contract contingencies you wish you would have known/thought about when you first started REI’ing?Just wanting to make sure we have a good escape plan if necessary😉TIA
Working to find our first deal. Are there any contract contingencies you wish you would have known/thought about when you first started REI’ing?Just wanting to make sure we have a good escape plan if necessary😉TIA
Newbie here! I started my direct mail campaign on 4 Jan 12, by sending out 366 postcards to Absentee Owners. As of 7 Jan, I have received 20 calls; 7 messages; and 1 entry on my squeeze page...the remaining callers d...