Kyle Ward
WHY can't I buy a house?
I live in Portland, OR. I have been trying to purchase a fixer but have yet to succeed. Now, I know the price of anything is what someone will pay for it, so a large part of the result is in my valuation. But when I r...
Travis Kemper
Current owner unwilling to provide P&L or pics of inside/ allow
Hey all,I'm looking to buy my first multifamily property and I came across a deal that I love the location of, rents are way under market, and I can afford. Here's the question: current owner is unwilling to allow l...
Marshal Amon
Help with Land Real Estate Example and Potential Selling Process
Hi BP community,One of my friends owns around 12 acres of a landlocked parcel in Highland County, Ohio and is looking to sell but wants to know how much he could get for it. He has 100% equity in the property and has ...
Emily Beatty
Duplex in Lexington, Kentucky
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lexington.
Purchase price: $180,000
Cash invested: $45,000
6 br / 4 bath duplex (3/2 on each side) purchased with Section ...
Allen C Herring
Questionable deal on table with multiple offers.
For the past two weeks I have been interested in a triplex home. The owner is asking for 210k but is worth around 208k. All units are 2beds/ 2baths. It is fully rented out with 2 people paying 550 and one paying 650 (...
Matt Rothwell
No financing contingency?
I went to make an offer last night, and since I'm wanting to use a 203k loan, I knew it would be a pain in the ass. I asked for a financing contingency as part of my offer, but the real estate agent said they don't d...
Christopher Davis
How to negotiate a short sale from begin to end?
Currently, I am working with an owner that has a 4 unit property scheduled to be demolished. I am working with the county inspector as well. The owner is letting the property go into foreclosure and has not paid for a...
C & J Metzger
Short sale or REO does it even matter?
Don't you just love what you see when you take your dog for a walk? There is a house that just had a Realtor sign put up yesterday. I knew it was going into foreclosure, but I had been told by the defaulted home owne...
Kyle Scholnick
Trouble getting loan on commission salary
I am on commission in my job, and although I do well, banks have been turning me down for loans because I don't have a commission history of at least 2 years. Prior to 5 months ago I was all salary. So based on this I...
Ryan D
Buying a Bank Owned Property
I am interested in purchasing a property that was recently bought at a sheriffs sale by the bank. Any advice on how to approach the bank/start negotiations? Do I need to bring in my attorney this early in the process?...