How do you identify an agent that has successfully negotiated steep discounts on New Builds in the Orlando/Daytona Beach area?
Suppose I have $1,000,000 loaned to a dentist to finance his medical equipment (decent credit background). The payments are due monthly over 5 years (60 months). The monthly payment is $21,247.04 for the life of th...
I was just hired (though unwillingly) to purchase a note on behalf of a past client. He held a second mortgage and they both began to default. I encouraged him to foreclose faster than the first and he did. He now ...
We have someone staying in our STR this weekend. They asked for a discount before booking and we didn’t give it them. Now that they there are there they have complained about bulbs being out and other small things a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $260,000
Cash invested: $200,000
3 bedroom house in nice neighborhood just east of the downtown core.
What...
So I’ll start this post out by saying I’ve been reading threads & learning on BP for awhile now but just haven’t been in the right position to make much of a move so I never even bothered to make an account. Howev...
If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%. ...
I'm looking for advice on whether if it's worth it to invest on a triplex with all 3 units delinquent for over a year and owe more that $30K to the current owner. And if I go on with the purchase, how hard will it be ...
HI, I own a part share of a nice recently renovated house in North London, with other members of my family owning the rest, left to me in my fathers estate, with probate granted in 1999, as a tenant in common. This me...
I understand that to accept a property with tenants in it, you have to get a heavy discount.
How much of a discount? I usually do 70% ARV-repairs on probates and pre-foreclosures (usually comes to around $.50 on t...