Hello all! I am a newbie and I originally wanted to start with a multifamily but there's not a lot of inventory where I'm located (Middlesex County in NJ) and other areas I'm considering. Im currently renting a 1BR ap...
[Copied from my post in "General Real Estate Investing"]FUNDING UPDATE:
Hi everyone, thanks for keeping up with me and my undying drive to acquire this property (off-market value-add duplex in my market).
I spoke wi...
Hello - This is my first post here and I am just gearing up to start my life in the world of Real Estate, so please bear with me.
I am getting married next year and will be looking into an FHA loan for my first hou...
Hey BP,I have a motivated seller on the line that wants me to send him a contract. He originally wanted 109,000 for the house, when it's probably worth about 140,000. I told him I would be able to offer him 98,000 for...
Hey Guys, I have a deal at hand that's quite expensive for an all Cash deal but Seller is willing to entertain Seller financing terms. I've crunch my numbers, but I'm missing one important factor, which is Closing cos...
I am trying to figure out seller closing costs on the back end of a flip before I set my offer price. Does anyone have a formula or percentage that has proven reliable?
I've searched the BP forums and didn't ...
This appears to be a detached small single family house in a community designated as "condo". The condo fee is only $150/year, according to the MLS.
I don't know why they chose this ownership structure instead of usi...
Hello everyone. I’m looking to purchase some rental property. I’m considering purchasing a townhouse. Two questions. Do you guys recommend incorporating to HOA fees in the monthly rent amount that’s charged? Also are ...
I am new in the investing world and am starting to research the possibility of obtaining a real estate license. More for the access of the MLS. I am planning on buying my first investment this summer with the help of ...
Hello all, First time posting here. Long time podcast listener. Would someone please explain the below scenario to me? I understand hard money when the ARV is much higher than the purchase price, but what about when i...