Bruce Clark
Offered a package deal but I don't want the whole package????
My realtor approached me with a package deal of 4 properties with a total of 6 units. 5 of the 6 units are occupied. These properties have not been listed yet. Realtor says that the seller is out of state and inheri...
David Klein
House/Agent being difficult
I recently look at a SFH that was listed for 99K in an area that houses would sell for around 150ish, due to location this one is prob closer being valued at 130ish. I was trying to buy and hold it and offered 75k, fi...
Peter Wyric
Buyer's agent agreement
Hey BP,I recently contacted an RE agent in my area to assist with the acquisition of a new property. Based on the conversation that I had with the agent, he is not very familiar with the area that I am targeting. Furt...
Eric Fung
Need help making a decision
Buying a wood frame stucco finish vs brick in Brooklyn ny. If I have a accepted offer for a wood frame stucco house do I buy that or wait for brick house that 100k more expensive with tenants that will be looking to m...
Matt Stricklen
How would I help a hacker ( in Austin)?
My wife and I were fortunate enough to get a good deal on a duplex before "hacking" became the term. Here in Austin, that has become a harder target for people just getting started. The mortgage payment for a newbie o...
Todd Willhoite
Drainage issue
I am looking at making an offer on a house with a crawl space. It is on a very flat lot and has a problem with water standing around the foundation, and under the house. It was built in the 1960's and apparently the...
Kevin Glover
Owner's Son Doesn't Want to Sell the House
I sent out a direct mail campaign and got a call from a motivated seller a few days later. She lives in Chicago and owns a house in Phoenix free and clear. She is ill and wants to sell the house to relieve herself of ...
Mitch Kennedy
Minor hiccup, what would you do?
Hey Everyone,I’ve been looking at house hacking a duplex in the Twin Cities area, mainly near St. Paul, with the intention of putting 3% down (There’s a credit union through my work that offers this program without PM...
Rod Davis
Lien on potential SFH purchase
I just spoke to a home owner about purchasing his deceased sister’s house. He told me he is looking to satisfy the lien and put a little money in his pocket. The home is valued at $80k. However, when i looked up th...
Brent P.
No money down option for Apartment building?
I am just trying to figure out if a strategy like this COULD work.
It seems that the requirements for down payment on a commercial, multi-family is typically between 25-30%.
I do understand that seller carry back ...