Hey BP, I have been aggressively focused on the Las Vegas, NV area as a possible investment for a single family. My goal is holding for the long term with steady cash flow. I found after analyzing multiple deals in th...
Good morning BP communityWe've run into a situation with a purchase. The appraisal came in low. The seller said he will come down to that appraisal price but will no longer cover his agreed upon portion of the closi...
Looking into purchasing a vacation rental as an investment property/personal use. Have not seen much action on here from anywhere in the area and figured I would throw it out there if anyone have any solid info on th...
Hey everyone,I plan on BRRRR-ing a small multi-family. I am most likely going to end up with a semi or fully inhabited property.What are some strategies you have used or know about when renovating an inhabited multi-f...
Hello BP Community!We are in our first year of our REI journey. We grabbed a 2 duplexes that were in decent shape and already occupied and renting for well under market value. 2 of the Tenants have been in place for &...
Hi all,
I've decided to make a big change and move out of the Los angeles, CA area in order to begin my real estate career. I can work anywhere in the country due to my income source coming from online.
I know that ...
Property (965 sq. ft.) ARV ~ $40-45,000 (based on similar homes in area)
Assessed @ ~ $29,600
Asking ~ $19,000
Rehab ~ $3500 (rough estimate)
Small 2 Bdr on an acre out in the country.
Owner owes nothing on it.
What ...
Has anybody heard of Bank of America requiring the buyer to get a pre-aproval letter THRU them (boa)? It is an reo and just hit the market.
So I want to make an offer. I'm pre-approved from another lender. Now I have...
Hi everyone,
This is only my second post and my first asking for advice on a deal so please forgive me if it is too lengthy or if I have omitted important details. My wife and I are committed to growing our portfoli...
Currently there is a house across the street from me that was a foreclosure that is for sale for $10,000 it is an older 3 bedroom home that two years ago would have probably sold for $50,000 the area I am in has one d...