Theodore Eboigbe
Buying first deal: Realtor is willing to flip property
Hello,
Been looking for my first property/home (multifamily) and my realtor came up with an idea since he also owns and flip property on the side he was thinking of buying this duplex and fix it up. He gave me 2 opt...
Mike Weide
New to Bigger Pockets from Buffalo MN
I happened across Bigger Pockets by way of a search engine and glad I did. This place seems to have everything. I thought I would sign up and introduce myself to the group. I am sort of new to real estate investing...
Darla Love
First investment! Help please!
I have purchased my first property. Here is my deal: I purchased a HUD property with a known plumbing issue. The HUD docs say that is a problem that is less than 10k to fix. I dont have the cash on hand to fix it. So ...
Ben Dols
Commercial Loan Terms—what are you guys getting?
I’m curious if I’m getting good rates from my local lender. I’ve done about 10 deals with them and they’re extremely flexible. Right now they’re loaning me 75% LTV on a rehab house based on what the appraisers opini...
Millie H.
48221 Detroit University Dist.
I have a property in the University Dist. under contract with a sell price of 55k, repairs at 35k, and ARV at 125k. Has anyone else here done fix and flips in that area?
Sheila Reyes
Asking for a credit vs asking for repairs
What are the pros and cons if I go with one vs the other? I also heard that using the words "credit" or "repair" in the addendum could signal a red flag to a lender.
Brittany Ware
best way to pull cash out of rental?
I currently have one rental property that has about 70k equity (worth 170, owe 97). I would like to start building my portfolio by adding some small multi-family units and will need to pull the cash from here to do so...
Chris Vair
owner financing until repair is completed
Hi,Quick question: I am looking at a property to flip. After rehab the sale price should be about $225K give or take. The place currently is built in 1900 and has a brick and mortar foundation that needs extensive...
Sachin Bhat
My first Single Family Deal
Hello everyone, I wanted to get your perspective on the house that I am about to purchase. I am in escrow as I am writing this post. This is my second home that I am buying, first one being a condo. So this property i...
James Qiu
Who pays for property damage caused by theft or vandalism?
I had a tenant told me someone tried to break into his house and broke the window. I inspected it and found no obvious signs of forced entry so I suspected it's either vandalism or one of the boys did it. So I told hi...