Hello everyone hope all is good! So we are contemplating our first rental property out of a direct mail campaign we were doing. We would like to hear about the no money down scenarios that are out there one last tim...
A family member wants to sell me a property he owns free and clear for 20k that needs 25k in rehab. The ARV on the property is approximately 130k. He is also willing to owner finance at 0% interest, and $0 downpayment...
I moved into my home over two years ago and purchased it as a foreclosure. It was sold to us for 115k and since then we’ve been doing minor upgrades here and there like paint, ceiling fans, dishwasher, stove etc. We a...
Hello,
Below is the proposed return for a syndication. The first chart shows the estimated return on a 100k investment where 100k becomes 193k
A couple of questions:
1. If a limited partner is in a tax bracket (ea...
Dear Indianapolis Bigger Pockets Members,I recently relocated from Southern California to Indianapolis to focus on real estate investment and we are scheduled to close on our first duplex next week, and we are looking...
I estimate I could rent for approx $1600/month in my market. Here are my options...I could sell this property and make approximately $40k right now (lived here for 2.5 years) or rent it out and sell later. below are n...
We bought a place for cash (got a great deal) and are trying to finance it to cash it out (we gave the approximate value that it should go for). It's our first time doing this. We do have a tenant. Process looks good ...
I thought I was doing ok with this, but after reading on here, everyone seems to be doing much better. Heres the deal:
Purchase Price 38000
Mortgage 29000 = 253/month on 15 years @ 6% ($16500 out of pocket do...
Bought a 3/1 REO in a nice neighborhood in rural Maine. The market is currently enjoying an absorption rate of 3.5 months for properties in the targeted price range. (We are targeting four area codes in a growing area...
Hi BP,
Is there a safe cost assumption I can use, for the price of gas per unit in the northeast? It is specifically for heat and hot water (tenants are responsible for their own cooking gas). Thanks.