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Purchase Price: $39,000Buying Costs: $1,000Selling Costs: $10,400 (Incl. commission, buyer's closing & warranty)Rehab & Holding Costs: $24,400Sale Price: $101,500Profit: $26,700Holding Time: 112 days cl...
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I am in the process of purchasing my neighbor's home for cash. It is very inexpensive and needs tons of rehab. The neighbor and I have agreed upon a price. The only real hiccup is that the property has a very large li...
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I have a quick question. On July 11 I received an offer on a SFR property I put up for sale. In the agreement it states that close of escrow shall be within 45 days. It's been well over 45 days at this point and we ar...
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When a property is listed as 'cash only', does that actually mean I need to have the full purchase price and closing costs in cash in the bank? Or are there other ways to acquire this property?Also, as a side note, I...
I bought a house in 2009 and took a loan out for 190kI have it down to 169k(I was getting a good deal because it was selling for 239k back then and the seller was DESPERATE due to personal reasons.) Now the market is ...
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I am interested to hear what everyone's thoughts are in regards to the Las Vegas real estate market for 2014. I have my own opinions that I will share later. I just want to hear others' opinions before I state mine...
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Hello Everyone,I am currently under contract for a duplex between my father and I. My question is, after closing, is it possible to put the duplex into an LLC. I want to ensure that both my fathers assets and mine are...
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I have noticed that the general tone from BP investors with ragerds to investing in condo's is generally negative.
Part of my LT investment strategy is to acquire investment property that cash flow in "destination" l...
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I have a 2 quick ones here in which regards tax lien investing. 1). Are tax liens foreclosed on the same way that actual properties are foreclosed on?2). What are the top 10 states with the shortest redemption period?
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I am looking to purchase my third property under the house hacking model. This place is in Washington DC and I've lived in the are for a few years.
I have been slogging through lenders and I have finally found two c...