Charlie McClskie
1.15 acre with 5 lots for mobile homes
Found a 1.15 acre lot with five lots. The property is clear now, but it once had 3 mobiles on it. The seller wants $31.5K for the property, but would probably take $25K cash. Lots could sell individually for around $8...
Matthew John
Huntington Bank Bait & Switch on Loan
I am in the process of closing on an owner occupied Duplex.
I shopped around 3 different lenders and here were their offers...(ALL CONVENTIONAL LOANS)
Summit Funding - 5% down, 5.75% interest rate, I pay closing c...
Bienes Raices
.Housing Fades as a Means to Build Wealth, Analysts Say
http://www.nytimes.com/2010/08/23/business/economy/23decline.html?hp
It seems like they might be jumping the gun a bit. Yesterday they had an article that small time investors are leaving the stock market. But people...
James Whitehead
Portfolio of six homes, worth the investment?
This is potentially going to be my first deal so I apologies in advance if my info and idea isn't as succinct as it could be.My wife's family is in Louisiana and looking to sell 6 rental homes as they are moving out o...
Rickey Miller Jr
The best way to evaluate Land?
I’ve came across some lots and have been looking to possibly wholesale some land or even quite frankly if low enough to accept offer just buy and hold for myself. My question is possibly what’s the most effective way ...
Ayo F.
Is my Lack of construction Experience a Negative?
Thank you BP world for this amazing resource. I have been soaking in all the wealth of information available here on BP.
I am looking at some potential rehab deals but my fear is my lack of Construction experience. W...
Horacio Gutierrez
Whats the typical average percent for rehab
Hello,What its a typical percent of the ARV for rehab costs on 1500 sqt single family home?
Matthew Shay
Buying Used Mobile homes
I came across a deal where they are selling 3 vacant parcels and one has a mobile home on it. The owner has never visited the property. I wanted to find out about buying used mobile homes and putting them on the vacan...
Trenton Miller
How to Financially Analyze Unimproved Land for Tract Home Development
I’m diving into the world of tract home development and looking to learn more about the financial analysis process for unimproved land. Specifically, I’m interested in understanding the costs, potential returns, risks...
Kee Wilder
Central AC vs Wall or Window Units vs Hotel PTAC
I am remodeling an old home in rural Alabama where the market rent is no higher than $600/month. I don't really want window units because no other home on the street has them. However, I'm not sure If I want to deal w...