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I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...
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I would really appreciate some expert insight on how to structure this new offer on my townhouse....
They buyers really want to buy it. I told them the price of $377k. I owe $376k. It is worth about $250k with al...
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I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month. He has a 6-figure income and can afford it. Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...
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Hello everyone, I am Jordi a new investor to the real estate game. I am looking to do buy and holds in the midwest, this would be outside of my home state NJ. I have heard many investors speak about using Other People...
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Hello, My wife and I are looking to get into our first STR. We own a condo and have equity in the property. We want to use some of that for a down payment on a STR. We have discussed either doing a REFI and pulling so...
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Hey BP, Background: I'm trying to help my dad improve operations on his 8 unit appt complex in the West Adams area of Los Angeles, CA. He currently has 6 of 8 tenants on month to month (2 newest including one that mov...
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What is typical terms on owner financing a larger offering? I have a couple willing to owner finance 300k for a 12+ unit property on a low to middle income property they've held for 20 years. In negotiations, I want...
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So I am at a crossroads right now and would like some feedback. Currently, I rent a place out with a FHA mortgage t 3.75% owing $182k on the loan for a place I bought in 2011 for $205k. I pay $2100/year in PMI and r...
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Hello,I'm in the early stages of learning the basics of REI. However, I want to start the process of saving for it now. I'm considering buying and holding, flipping or BRRRR as options. I haven't yet decided which str...
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Details:
North Carolina
120,000 FSBO
4-plex 600sq st each 1br/ba. close to downtown living. solid brick building, new water pump, has washer/dryer on location, no major upgrades needed. all 4 units occupied and r...