Hello! I bought my first house three years ago in Tacoma, WA and (without knowing anything about real estate at the time) stumbled into a house that has both appreciated in value by $120k over the past 3 years, and af...
We buy distressed properties for cash and rehab, then after seasoning we cash out and redeploy the capital. The lender we've been using is now requiring 12 months seasoning instead of 6 months as it was in the past. ...
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
Dear Amazing Bigger Pocket members,I came across an REO property that was listed (about 190K) similar to comps in an area. However, previous owner owns only about 60K to the bank. Wondering if bank accepts my offer if...