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I have opportunity to buy an off market property and receive owner financing of somewhere between 4.5-5.5%. Owner asking for 800 k on property that he rehabbed and doesn't need any fixing up at this time. I don't kno...
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Greetings BP forums,I have a portfolio of 16 residential units, all located in the Park Ave East Ave neighborhood. I have a one bedroom apartment coming up that I was considering furnishing and doing an AirBNB set up...
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Hello AllSo long story short, I'm dealing with this seller who lives in Missouri and has no intention on coming back to Illinois where the subject house is located. Am I allowed to be his "boots on the ground" where ...
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Please evaluate and lend opinionsForeclosure REO Bank asking for $135k2 Unit 4br/2b 1,687sq ftComps are low 150s high 180sSo plugins in the numbers Prop price $135kLooking to putting in $10k (using a hard money lender...
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So I'm currently looking at a deal for new construction in Alabama. It is a Turnkey company that specializes in new construction. They are the builder, the listing agent, the title company, and the property managers (...
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Hi All,Wanted to get some peoples thoughts on a potential deal in the Niagara Falls/North Tonawanda area of Western NY.1300 sq foot duplex currently rented and both tenants under lease$550 upper , $700 lowerSeller is ...
Hello all and thank you advance for taking the time to read this, i will try and make it brief:i found a foreclosed auction home i am interested in buying for myself, it says Listed by bank 250k, foreclosure auction 2...
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I wonder how you all feel about using my current primary (VA Loan) as a rental and then getting a new VA loan (I still have entitlement) for an upgraded primary residence.I owe $180000 and the ARV $320000. I would pul...
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Hello all, quick question...
It seems that the standard for purchasing investment houses for rehab is to use the rule 65% of ARV, minus repair costs.
Using this formula, about what percent profit is built into the d...
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Has anyone got approve by a lender without a 2 years work history and about 6 months of unemployment? If so, love to hear more about it!