BackgroundIn 2010 I bought a bank owned 3 bed 2.5 bath single family property using an FHA loan which required a 5% down payment. The purchase price was $73K so this equated to approximately $3,700 out of pocket. Dur...
My husband is in the process of buying a house (our first very own ) -a short sale we located, in NJ -seemed a really good deal at 250K in a neighborhood where any house worth buying would be in the mid 300K range....
I'm fairly familiar with typical strategies that make offers more competitive, aside from increasing the offer amount (increased earnest money, decreased inspection time, fewer contingencies, etc.). However, in compet...
Hello BP Community,My partner and I put in an offer on a 2 bed, 1 bath single family attached rowhome in Baltimore about 10 or so days ago. This is our first offer ever. We still haven't received a reply on whether th...
Looking at an 8-unit and would love your feedback on where I may be over/under conservative. I have the inplace that the seller "shows" and then my assumptions for the current year. All units expect the last one are o...
Ok so lets be realistic, obviously new investors or amateurs aren't going to be able to get professional investors to give a majority profit on new ventures , but what is the best way to start a partnership percentage...
Hello All,Here's a little about myself. I currently serve in the U.S Army as an Explosive Ordnance Disposal (EOD) technician. I have been in the Army for 13 years and plan on retiring around the 20 year mark. Through ...
Hey Y'all,Have this bond for deed deal on the table that I'm analyzing. I like the terms and this is my first owner financed deal as well as my first potential rental property so I don't want those factors to cloud my...
Generally speaking, would buy and hold investors consider a purchase of a portfolio of rental properties, 90% occupied, for 85% ARV if that 85% resulted in acceptable cashflow (say $15,000/month) and over $2 million i...
This has puzzled me quite a bit. Particularly when looking at real estate as an asset to invest in vs. alternative investments (equities, bonds, commodities, etc.), it seems silly to me to ignore total returns. Total ...