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paying cash for fixeruppers
does anyone here who has the means pay cash for your propertys? I am looking for my 3rd house I lived in the 1st and am living in the 2nd I will use a mortgage for all 3 but hope to have the means to pay cash for prop...
Brian Erickson
Potential value add? 800 sq ft shop remodel?
Property is an 3 bed 1 bath 1230 sq ft SFR in a fairly hot market (Seattle) on a third of an acre.In the back yard of the property lies an 800 sq ft double wide. The previous owners were using it as a shop.The square...
Justin Case
No Month to Month to best tenants
I know this had been discussed heavily, but here is my situation.
My best tenants are coming up on the end of their lease end of May. They are trying to buy a house. They want to do a month to month or lease until en...
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Can it be done?
I have been reading the discussion forums for a awhile and along with all the information that this website provides, it has given me more information than some of the books I have bought
So first of all I just want ...
Gary St. Armand
Floor Settling
I have an appointment to look at a house that is a duplex that was built 1954. The lowest comp I saw, on cyberhomes was 439K. The seller was told by a contractor that the floor is settling, and it will cost him about ...
Corey Davis
Quick question about re-financing
OK, I can't seem to use the search function today, or the answer is just too vague... Here's my dilemma: underpriced condo in rapidly progressing neighborhood of very desirable city. No rent cap, so no convention...
Scott Egbert
How do I MIRROR a Loan for a "Subject 2" Deal ??????? HELP :)
I've have a couple "Subject 2" deals I want to close on but I don't want to over pay. For example. One seller is willing to let me take over payments. He has 22 years left on his mortgage. So I don't want to write...
Shaun Reilly
Determining your cash vs. financed offers
I have been looking over a lot of threads on seller financing.
Typically I see a lot of people talking about making your cash offer and 1 or more financing options as well.
Question is how do you determ...
Sarah Lorenz
What's wrong with this Loopnet listing w/ projected 17% cap rate?
Just browsing idly on LoopNet--I know these are the pick-over and overpriced deals--and I was curious about this 3.2 million listing for a 90 unit portfolio in Cleveland with a "projected" cap rate of 17. 27%. Occupan...
James Hong
low bid disrespectful?
is a low bid disrespectful?
I'm new to real estate investing and I think I found my first investment. it's a triplex and listed in my area for 360k.i want to submit a offer for $250k. I hear that the real estate jour...