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Hi,I'm trying to get a good grip on buying foreclosures from the courthouse steps in Texas when the property has a 2nd lien. For example, the sale mentions the first lien, the primary, from the main bank foreclosing....
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Property (965 sq. ft.) ARV ~ $40-45,000 (based on similar homes in area)
Assessed @ ~ $29,600
Asking ~ $19,000
Rehab ~ $3500 (rough estimate)
Small 2 Bdr on an acre out in the country.
Owner owes nothing on it.
What ...
Hi everyone,I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (long...
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Hey everyone, first time poster I found this forum through the awesome podcast done by Joshua and Brandon. I want to tell you my story and get some advice. I am a blank canvas yearning for direction in the real estate...
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Hey all, we're looking to sell our home in the Twin Cities Minnesota. We're in a really good area. Looking at listing for the $430-450k range. We owe about $304k & are in probably year 2 of a 30-year loan at 3.12...
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Hey guys, Here's a deal that I'm looking at and need some advice on how best to proceed...SFH $149K, comps show $170kSeller is willing to take $65k (his equity) and have me assume the mortgage (84k, $650 / mo). He cal...
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HelloI am in the process of buying the strip mall center and just received the proposal for managing the retail strip mall from the current agent since they already manage the strip mall. I want to get your opinion on...
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Hi BP Community,
I own a 2-bed/2-bath condo in Prescott, AZ (near Embry-Riddle Aeronautical University, hospitals, and medical facilities), and I’m exploring selling it via seller financing. We have had it as a renta...
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Which is the best option: absentee owners or expired listings? My thinking is that absentee owners is especially good for the pricey suburbs. But in lower-income rental markets, for example Newark City, I suspect it's...
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Sent out letters via @Michael Quarles / Yellow letters. Got a decent response and have been funneling the leads down to find the nuggets since. One that has me very hopeful in particular is a 3/1 rental...Figures:1. ...