I've been reading for a while and am fascinated at how some people have the cash on hand to buy:-Properties out right with cash-Multiple properties with 20% down paymentYes I understand there's many ways to finance bu...
Hey everyone,I came across a deal that i can fully afford out right and all i have to do is write a check. I feel as though going into a 15 or 30 year fixed just will cost me more in the long run. Would i be wise to c...
Hi guys!
I recently acquired a 6 plex in Mesa, AZ that consists of small studios and 1Bed/2bed units. The units range from 350-600 sq feet and we are in our inspection period. The purchase price was $460K and am us...
Hello all! Hope all is well! I am new to biggerpockets.com. What a great website. I have some general questions I hope I can get your insight on. Quick background, I am a licensed Real Estate Consultant out in th...
I was recently approached by a wholesaler with the following facts for a 2 unit home in Hammond Indiana. I did an analysis and seem to come out with negative operating income but want to check my analysis since I ...
I would like to buy a property, but have very little money. Here are the details:
Asking price $119,000. Recently reduced from $125k. 2009 "tax appraisal" $198k. Property taxes past due $5 - $6k.
6 units consisting...
I am thinking about going in on a deal that I found with a partner. Of course we would do a PA and cross "Ts" and dot "Is". Here are the terms:
I put 10% cash down Partner puts 10% downPartner obtains loan for balanc...
Good Morning,My name is Scott Simmons. I am 27 years old living in Austin, Texas. We are currently living west of Austin in Bee Cave, Texas in an apartment and would love to have an equity growing asset in the next 12...
Hello Fellow Investors,
I am looking for some guidance, I am building a proposal to present to investors. But I am curious from people who have some experience or have partnered with others who provided the capital ...
Hi everyone, I'm new to this site, and I consider myself a new investor. I have 2 properties in Seattle. One I split into 2 separate 2 bedroom units, the other is a houseboat and I negotiated seller financing. I've...