Have a property for sale that I owe 130k on the mortgage. Recieved (I'm guessing a verbal) offer that states:
Offer Price:$229,000
DN pay: $10,000
Assume existing loan.Yes I have already asked my realtor to ask wha...
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
Hello everyone, new to the site here and wanted to say hi. I have worked on a lot of investments (about 50) as a pre-buy estimator and contractor and now want to get in on the ground floor.
Is it completely impractical or just a necessary evil that you have to renovate each apartment only when a lease is up and the people move out? I guess it is never a good thing to do it all at once because that means...
My girlfriend and I are going to purchase a Duplex in the general Sacramento Area of CA. Being that I am in California and its not the easiest to cash flow what would be an ideal target for my Cash on Cash return to b...
Greetings all,So looking at some property numbers with the niffty bigger pockets calculator and I'm having a bit of a time putting the numbers together. Here is the property situation:Single family home with a separat...
I own outright a SFR that appraised for $250,000. I want to purchase a house listed at $230,000 (to become my primary residence). Would there be negative tax implications to offer a property swap in this situation ass...
Hi everyone,
Are there any new/seasoned investors out there using private funding? I'm trying to figure out how to approach my potential investors - they are doctors. Can anyone suggest any "script" that was helpful...
I did the HARP loan back during the crash and turned my 30 year note to a 15 with plans on living in the house until paid. Situation changed and purchased a new home and decided to rent out my home in question. Dil...
I have a condo town house pre-construction and to be completed in late 2022, the price is 400K , based on 2000 rent and 25000 closing fees the cache flow will be -143 per month , now I know it is in negative , but my...