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LP- $155,000PP- $127,000SP-$199,900Comps- $175K-224KREO/Bank says appraised at $185K w/o rehabHolding costs = $22,763Rehab = $25,815Total- $175,578Profit- $24,3221,700 sqft ranch on slab in A neighborhood, no basement...
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Hi, I have a HUD home under contract at 80K. HUD had it listed for 110K, then 99K, then I won the bid. The house is 1125sqft, a 2br, 2 ba in a nice location and needs an replacement AC, and only other minor cosmet...
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I have a 4 unit building that has had a vacant unit since June 1st. It's being managed by a property management company. I call about once a week to check in with the empty unit and every week it's the same. They've h...
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I've been looking into investing out of state lately as the Atlanta market is becoming very saturated with buyers. I've located a market I'm familiar with where price to rent ratios are favorable and plan to invest.
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Hello BiggerPockets Community. My husband and I our are aspiring real estate investors in Annapolis, MD. Our ultimate goal is freedom from our corporate jobs and we would love to be able to work full time in real es...
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We are approaching some deals that offer owner financing.
As an investor these deals make a lot of sense for buy and hold.
Terms like, 20% down, (prime plus 4.75) 8% interest at 30 year amortization, and interest rat...
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Question for the group...When it comes to raising rent on a tenant who's been living in a unit for a year or more, what are your determining factors (in areas that are NOT rent control)? Recently I've considered raisi...
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Hello Everyone,I'm looking to cash-out refi a single family home that is worth about $100K that I have owned since November. I did the rehab, have a tenant, and would like to get some cash back to do it again. Who i...
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Trying to help a residential buyer. Most of the listings now want pre approval over pre qualification for obvious reasons, and prices are going up daily here. However; on pre approval, the buyer wants to know if she g...
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I have an out of state SFH property that was purchased from a turn key company and I have it managed by their in house PM team. No problems since purchase in August 2021.Last week was told that a main water line leak ...