Would you do this deal?Purchase price : $52k - ask $60kARV: ranges in this neighborhood - $65-$85kRepairs: $15kRents: $825 - maybe $850Loan terms of 20 yr at 5.25% - with taxes and insurance $465/mththanks.
I'm with Keller Williams Pacific Estates in Long Beach, CA. I've sold 6 homes in this quarter (5 were condos near the beach). Condos seem to be the trend here as many other beach areas aren't affordable. The condos ne...
I wanted to know if i am Acquire a property sub 2 with an existing mortgage but the mortgage is more than the property is woth(upside down), how do i make this situation profitable? how do i structure the deal where i...
Hi all,
I am relatively new to REI, and looking to buy more without being foolish and taking too much risk.
I am curious, what would you consider a good/safe LTV for your overall portfolio?
What would you ...
For example I want to research a new market Florida and a submarket within it.
Are there any considerations for buying different types of non-performing notes? FHA, USDA, VA? I'm looking at VA NPNs in MO at the moment. Thanks!
how do you cash out after the existing property owner signs up for the new lower loan amount
The issue is find deals, but i also have to pay my LOC plus new mortgage so the number don't add up i keep going under water on the deals I underwrite. I pay the whole deal cash but i still have to pay like 16k month ...
My wife and I are new investors from NYC and are looking to househack into a 2-4 family in Queens. We are currently looking for experienced short sale agents that can represent and guide us through the process. Would ...
Hello, Im dealing with a property that is in foreclosure.The home owner filled out paperwork to get a loan mod. She got accepted they told her she had to make 6 payments on time in order for the loan modification to b...