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I want to understand what a "cash buyer" really is. I read lots of posts looking for cash buyers. So my questions.
Is a cash buyer really using cash, or is a hard money loan or even personal home equity line...
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Here are the details:
Asking price=62,000
ARV=~85,000
Tax assessment value=88,000
Taxes=2,056 (last year)
Repairs=10,000
The negotiations have come to a halt at 50,000. The seller is firm at this price.
I'm looking...
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I'm looking at using cash to purchase 10 units. After purchasing I would like to refinance. I have done this on residential properties where I wait 6 months then I can get a loan based on the new appraised value not t...
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Hi Guys, new member here from New York. I've been eyeing and thinking about real estate investing for about two years, reading as much as possible about the business. I have a friend/mentor who has been wholesaling, r...
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At the moment I have about 12 local buyers who I've contacted and added to my buyer's list, and that is all I have on my "team" right now.
What are some good tips on networking with professionals such as divorce at...
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Hello,
Im looking for some feedback and thoughts on a 6 unit apartment building that Im looking to at for a long term buy and hold. The property is located in Fairview Park. Outside of Cleveland. All units have bee...
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New Real Estate Investor HereI am looking to get into flipping in the Fort Lauderdale/ Miami area and am having a hard time determining a more specific neighborhood or zip code to focus flipping in. What is the best w...
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Investment Info:
Single-family residence fix & flip investment in Vancouver.
Purchase price: $155,000
Cash invested: $109,000
Sale price: $359,000
1910 Bungalow. Full renovation and update of...
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I am trying to get a refi on a BRRR property for a sizeable amount I will be able to pull back out of it. I was just told that you can no longer just show rental receipts, that you have to have it claimed on your tax...
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Hello Bigger-Pocketers!So I'm a somewhat experienced BRRR investor, doing my first flip! And I'm finding myself a bit lost.I bought this house off-market. It needed a lot of repairs. I'm close to finishing those, and ...