Hey BiggerPockets community! I’m an investor in Philly with 2 rental properties (3 units). I have a mortgage through Wells Fargo for one of the properties and I’m going through them to refinance that property. The pro...
Hello everyone and happy new year!I've been in real estate for 2 years now and I still haven't closed on a deal.I think its mostly because I'm doing it part-time and procrastination has been a big factor even though I...
I'm going to a family member who is a big time REI. I'm going to pitch him an idea for a property that happens to be right next door to me and is going into foreclosure. The auction is a few months away. I'm asking ...
Hello,I'm writing this from central Iowa. We have a growing rental portfolio currently of 6 properties. We have a couple other local landlords/investors here that are useful to bounce ideas around with. Over the la...
I lived in my primary residence for 1yr and 9months since I owned it (I was a tenant in the same house for 2yrs prior to owning it) then I turned it into a rental. If I sell it within 5yrs from owning it, would I be a...
Usually my flips are easier because I offer owner financing. The last one took 2 weeks and it cash flows over $600. But I'm planning a new project to sell outright..It's in a marginal area with o.k schools. 3/2 ...
I just got my real estate license mainly to be able to crest my own investment deals. I am in the process of buying my first property to live In for a year and then rent. It is a small condo in Bloomfield NJ. After I ...
Hello all,Here are couple of flips that I did with other BP members.Property # 1Had 6 offers first 2 days on the market. This one took less than 3 months from the time we bought to the time we sold. We accepted an all...
Just a thought.
Wondering the last deal you closed.
What was the spread?
What area was the property in?
What type of investment was it?
You know people say that there is a shortage of cash buyers. Just wondering ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $812,000
Cash invested: $350,000
Sale price: $1,618,000
We added significant value to this property by doubling...