I got a couple of questions. First what was your first deal like??
And second I read somewhere on here that you can make money by getting contracts and then selling them to other investors. Can you guys explain this ...
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Hello all, I'm new to the community and would like some input on a deal I'm considering. I have a full time job, and have owned and managed two three family buildings in East Boston since 2003, and 2005, so I'm not a...
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Good morning everyone!! Where do you feel is a good place to look for great deals? Craigslist, zillow, your realtor friend??? I just want to make sure Im looking in the right spots!!! Thanks
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Thanks you all for welcoming me ! The seller and I agreed on 15k for the house before it was vandalized. He said that he would still want to make 15k off the house because he put 14k in the house. Initially he said it...
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In doing some searching online I ran across a property that was listed on the market, went through inspection, and then was re-listed on the market. My immediate assumption was that if it went through inspection and t...
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Hello all BP’ers,
I need some assistance with structuring a deal. I live and work in Canada and my issue relates to financing. It is quite difficult for Canadians to get financing on investment properties in the US, ...
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I was running some numbers to determine how we can best structure a deal to keep our capital in place yet still have some cashflow. In the area I am looking most CAP rates are pretty thin, 6-7%. I was looking at rat...
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I am considering pulling the trigger on my first deal this weekend. The deal is on a 4-plex for roughly $175,000. I have already worked out the loan details, got a %4.5 interest rate putting 25% down. The 4plex has ...
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I'm working on my first deal and it's an REO. Asking price is $41,600 and I looked at comps and they're around $135,000-$145,000. This place is going to need a $60,000 make over. I plan on putting in an offer tomorrow...
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Hello all!
My most recent post was in regards to the FHA "90 day flipping rule" and had I read J Scott's book (which I have since purchased and read) I would have known the answers. But anyway...
Here is my situa...