I'm working on a short with BOA via equator. When I enter in the bid amount, it instantly tells me that the offer is to low compared to their perceived value. I have no clue where they get their values, but regardle...
Hello everyone,Cheers to my first time posting on BP!I am looking at the small-cap asset market in the (Metro) Detroit area (because it's the only market that I know). I've put together a quick proforma and I wanted t...
I just bought a single family house with a finished basement suite. I didn’t buy this for a BRRRR but I think I could swing it. The basement is in good shape and upstairs is also not bad the kitchen could use some upd...
I am working on a pre-foreclosure deal and need advice. The deal looks like this:Loan outstanding: $244,000 QuickenLoan and it is a FNMAOther debt: Base on my preliminary title search $0Equity: $85,000The owner wants ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $175,000
Cash invested: $25,000
The perfect house hack property - 1 'master unit' has 2beds, 1.5 baths, fron...
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
Hi everyone,I am currently in a position where I have the ability to buy an office building with 38,000 sqft for about 300,000 at 4 floors, and do so with cash with a partner. This building has very solid construction...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $102,000
Cash invested: $25,000
Exceptionally large side-by-side duplex with an extra-large third floor/in-l...
Hello all. This is the first time I am seeking opinion from all of you as I feel I need help deciding.My husband and I have done 2 flips before but wit 100% funding from our own savings. No loans, no mortgages.We own ...
I am in the process of investigating the prospect constructing 1 or 2 ADU's. I am not sure on the size I should build and thus the rent I could charge. Anything above 500sq ft costs considerably more in permitting and...