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I've been reading a lot on these forums and have bought a couple of books from this site. I've learned a ton. I've also been putting together my team with a lawyer and banker. Everyday I practice analyzing deals th...
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So, I've got a perfect opportunity for a Sub2 deal (the seller is totally on board), but I don't know what I need to do to make it happen. My local REIA said go talk to a lawyer, so I've got a few calls out.
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Asking price - $179,000Hoping to get it for $160,000Unit 1: 2 bed 1 bath - needs about $10,000 in work, unfinished basement but possibilitiesUnit 2: 2 bed 1.5 bath - Needs $10,000 in work, basement very poorly structu...
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I have a motivated seller with an SFR, 3 beds, 2 baths, 1600sq. ft., Houston suburbs. The ARV is 120K, the rehab is 15K, and I'd like to make 20K (flip) with an exit strategy of refi, rent and hold. I'd like to offer ...
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A 200k 15 yr mortgage with 6% rate will cost you $165k in interest. Stretched out to 30-yr it's still over 100k in interest. If the value of the home is 200k, after 30 yrs maybe it's 600k and it cost you 300k in inter...
I'm a 19-year-old college student in Fort Lauderdale, Florida. I recently talked to a doctor who is aspiring to live in Manhattan, New York about real estate.When I asked him about how I wanted to start investing in r...
Hey everyone I’m looking for help regarding a property that just came to my attention today. I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310...
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In BP episode 327, they make the point that if there are flippers in a market, then BRRRR will work. Is this appropriate thinking?For example, let's assume you BRRRR perfectly and refi all you cash invested out of a d...
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*** I just read the rules and see that it says no requests for mentors. I am not sure if what I have asked for here counts as that, so please feel free to delete the post if it violates that rule. I AM asking for help...
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*This link comes directly from our calculators, based on information input by the member who posted.I could go on and on about this. I live two hours from the property, but as a truck dr...