Account Closed
REO questions
I tried doing as much homework as possible before submitting an offer on an REO (through our realtor) which would normally be out of our price range.
Our starting offer was $86,000 below what they had it listed for....
Terry Miller
Doing my first deal.
I am from New York and looking to do my deal. Is it possible to do some kind of a deal in New Jersey with 20K. Thanks
CJ M.
Those who've had to deal with new lead abatement laws
I seem to be encountering more discussions re: cities either proposing new lead abatement laws on rentals, or who have already passed lead abatement laws.
My question is directed to investors (mainly those with r...
Andreas F.
Pre-Rehab property in Indianapolis
Hello all,I appreciate if you can give me your assessment of the below deal.An RE company is offering beside turnkey properties also (as below) pre-rehab properties. This means I buy in the distressed stage, they do ...
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Minimum monthly profit
What is the minimum monthly profit you look for in a rental property?
I am looking for $400 a month on a duplex, is that reasonable?
What other ways can you benifit from a rental property?
Jeff Stephenson
Analyzing a small boat storage facility
I'm looking for some help in evaluating a deal on a small boat storage at a popular lake, located in very close proximity to the marina and boat ramp.
As you'll soon discover in my meanderings on the subject, I'm ver...
Alexandre Mota
Need help with financing $2M construction on family's property
I've been doing tons of research but I didn't find anything similar to our problem.
A
little bit of background. My mother-in-law and aunt own and live on
this property. We listed it in 2020 and we got an offer f...
Aarielle Pannesi
30 Year Fixed
Hi,
I found a deal I'm looking to purchase its an investment property and it would be my first investment, and I need a 30 year fixed would you go specifically for a portfolio lender or would you go for a small bank/...
Shahn Sattar
Tax Question Regarding Borrowed Money
Hello BP,I am looking to buy my first investment deal and I had a quick tax question for anyone that might be able to help. I have been pre-approved through the traditional means (20-25% down) but I have been recently...
Aaron Fanning
FEMA flood plain property?
I've got an opportunity to pick up a property for just below appraisal. It lies in the FEMA flood plain. It could possibly work as a flip but am consented about being able to sell it. Could get into it cheap for a buy...