Situation; Elderly Seller bought their Triplex home for around $350K Many Many Years ago. She lives in One unit and rents out the other TWO Units. Today its value is around $1.4M +/- She has discovered that IF she se...
Hi there! I've connected with a realtor in Ohio that often gets off market deals. There's a 21 unit off market deal available and the spreadsheet he sent to me has a lot of information with the cost, rental income, m...
(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
It's no secret the real estate market in Nashville is hot these days. I've noticed the number of "We Buy Houses" postcards I'm receiving has increased significantly of lateOn this morning's news, I heard a teaser for ...
I have a 3 bed/2 bath home offered at 290K purchase price. Estimated rehabs will be around 20K. ARV is 320K. Seller is willing to finance the deal for 0% interest for the first 5 years and then market interest rate on...
This is my first post, after many comments on BP, so let me know your feedback! A little on this story so you understand the situation. This story started almost 6 months ago. One of the properties I had pre-qualif...
I'd be interested in hearing from members who have purchased or sold properties subject-to existing mortgages. What's the longest time you've kept the existing lien in place? What agreements did you make as buyer or...
I currently know of two homes that the owner has turned there large home into a multy family apartment nits, while still living in another (house hacking). One is a three unit which i think would be easier to make the...
Okay, so now that my subject line has caught your attention...I'm trying to work out a proof of concept on real estate transactions that may be affected by the seller's end of life planning.(Somewhat) Hypothetical sce...
My husband are new to the game and have an opportunity to buy a neighbors house at a low cost. Question is: With a FSBO property who is required to provide the contract and paperwork? Also who is responsible or typica...