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Hypothetical ScenarioI pay 200,00 for a house15 years later I have paid off 190,000 of the 200,000My equity in the house is now 190,000 (not adjusting for appreciation or depreciation)I pull out 70% of what I own in t...
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In my experience it is difficult to get someone to pay more than $10,000 for a contract assignment. Buyers get caught up on how much I am making and lose sight of the main goal, their profit. Obviously it shouldn't ma...
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Buying up decent mobile homes ??? Can you get mortgages for them ? Good idea bad idea ? Only bad I can think of is perhaps the type of people willing to live in mobile homes ??? I was going to do a veteran discount in...
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Hello All:My wife's aunt was over for dinner last night and she (knowing that I'm a real estate broker) asked me if I would be willing to sell her 4-plex that she owns here in Portland, Oregon. After a short discussi...
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Looking to purchase an owner-occupied Duplex in San Diego and plan on using an FHA loan. What's a good estimate % for closing costs so I can estimate my total costs to purchase? ThanksZach
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Hi BP Members -I'm ready to make a Wholesale offer and would like someone to look at these figures and comment. Here goes ...The property is a Cosmetic Only Rehab. It is a PUD ( Planned Unit Development for you newbie...
Just wondering for people who buy and hold (or wholesale or flip) in the Mew Orleans and Metairie areas of LA, what marketing strategies have worked beat to generate leads on houses to buy for investments? Particularl...
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I'm not sure how costly it's going to be to repair and repaint. Normally, I would take it out of the deposit . . . but I'm struggling with the ethics of doing this. It seems like I simply have to suck it up. Anyone ha...
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Hello BP community, I’m looking for some tips and advice. I have been interested in using a strategy to purchase a new home and rent out my current home to get started in acquiring SFRs. Today, I stumbled upon a poten...
I'm feeling insecure about this question because it sounds simple, butWhat is considered a cash offer in a real estate transaction?My wife and I are looking at buying two rental properties in our area that are owned b...