Got the typical phone call from an IBUYER in TN, offering to buy my investment home. He sent me a sales contract with the agreed price of $125k, As-Is, no realtor fees or other closing costs and promise of $500/earnst...
We recently purchased a 5-bedroom house in Seneca,SC as our first investment house. Our intent is to use the house hack strategy. Our son will live there when he attends Clemson University and we will rent the other...
whats cap rate? is it important? whats a good percentage?
I have a 2 bedroom, 1 bathroom unit with a short water heater under the kitchen counter. The tenant is saying that the water heater is making some water noises. I previously discovered some condensation related moistu...
I just closed today on my first property. We done a conventional 30 year loan and at closing there was a paper I had to sign that said I must have the home as my primary residence for 1 year. My wife and I are thinkin...
Just wanted to post the outcome of my successful 3 offer approach. I offered $175k all cash, $185K with 10% down and the balance for 2 years at 3% and $195K with 0% down for 5 years (30 year am at 5%) and they took th...
To begin, ask yourself these questions... If this snapshot were taken from a Real Estate Investor's playbook: - Who are you? - Who is the opposing Team? - What do the boundaries represent? - What are the rules? - What...
So I have been reading into the Texas Property Code along with a book I bought Texas laws on Lease Options to figure out how to do it without violating any laws. Hehe, Texas has a lot of red tape to wade through.
It ...
This company is a bait and switch lender advertising one thing and then once you're in you are held hostage, ignored and financially penalized. DO NOT CHASE THE DANGLING CARROT. I am a LICENSED TEXAS REAL ESTATE BROKE...
BP Pros,
Question for everyone that has been there, done that... I'm hoping maybe I can learn from your mistakes and/or gains!
We have 100K - 120K equity in our primary residence. Coming up with a down for a multi...