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I have my first deal under contract. The buyer that I assigned the contract to had an inspection done and is asking for a lower purchase price. My questions are:1. How would I lower the price? Just an amendment to the...
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In my recent apartment search, I head this same exact quote from the leasing office when I tried to negotiate lower rents:
"FHA rules does not allow us to give tenants one off discounts or negotiate lower ren...
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I've been searching the mls in lower priced areas within 2 hours drive of where I live. In analyzing them it seems we would have a (much) better monthly cash flow if we sold our SF in a higher cost area and bought 2-3...
Hi,We are renting out a house to our contractor who did work on the house and he became our tenant. Our property manager who is friendly with our tenant has informed us that since the inspector says we may not use the...
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Hi - Financing experts, need help choosing between two loan options on the table. 1. Bank A is offering $400k for Prime + 1% (small local bank) 2. Bank B is offering $435k for Prime +1.75% (large national bank)All oth...
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Greetings. I was inquiring to see if anybody had knowledge of real estate investor groups meetings in the Harlingen/Weslaco/Mcallen area?
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I know this is a strange post but I am looking for advice/guidance. I own a moving company in the Chicago area and have ~100 employees (full+part time). We are very seasonal and even during a month busy only at certai...
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With the market cooling down, it is possible the purchase price continues to go down. For investors who estimated ARV at the time of market peak, they are running the risk of having a lower ARV than their estimate whe...
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See and hear about people meeting in the forum and on the podcast. New so not sure if I have missed any local ones or if there even is any in the Lower Hudson Valley (New York).
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Hello Everyone,Had a quick question! I had a property under contract to flip during the month of March, and thought it was going to work out great. Purchase Price: 175kARV 300kRehab 70kInitially we had budgeted for 55...