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The real estate market in Greater New Orleans has undergone significant changes in recent months, making it both an intriguing and challenging time for buyers, sellers, and investors. In a recent discussion on the Str...
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I will be closing on the sale of my 3 family next month for 450k and I will be netting about 100K before capitol gains tax.My problem/question is that my first year of self employed income does not qualify me for loan...
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Happy holidays BP'ers!I've found an off market property.Asking: $45kNeeded repairs: $10kARV: $75kMonthly rent: $900/monthProperty taxes: $483 annuallyHouse is in a good neighborhood, nice lot, good bones, mostly ...
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I am a registered nurse, I earn about 80,000 per year. Of that 80,000 I average between into 600-1,000 per paycheck (biweekly) into a fund I am considering for investing. Right now, that fund is in ETH and is about 6,...
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If you buy a house from the 1st lien holder, do you inherit the person on the lien?There's a house I may be able to buy from a lender with an interest only loan. The buyer is way behind on payments and cant catch up. ...
I found a Triplex for sale for $219,000.It consists of:Main House 3/2 (Could rent for $1,100)Apt 1 - 1/1 Occupied $500/moApt 2 - 1/1 Occupied $500/moTaxes - $2,200Insurance - $1,300? (Guesstimate)Vacancy - 7%Repairs -...
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Hey BP, This is my first question on a forum so give me some slack.Through my networking I've come across an older gentleman in Massachusetts (MA) who recently lost his wife, he has stopped paying his mortgage, stope...
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Just looking for some motivation or even ideas that can help me get back into the groove.Current SituationI purchased a package of multi family properties about a year ago - 28 units total. At the time 4 were rented ...
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Hi all...Sadly, a friend has seen both of her parents pass away in the past year and change. They were older and it was not unexpected. They left a will with my friend as the executor of the estate. There are three c...
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I want to start getting into Cooperative Assignments and have read Wendy Patton's book on Lease Options and "Subject-To" Deals. In the chapter dealing with Lease Purchases, she mentions that she networks with Realtors...