Hi Everyone, I'm looking at a short sale right now. It was originally priced at $180K but now it's going for $200K. The broker ran a comps, with two properties being sold for $255K, one sold at $285K, and one listed f...
45k purchase price. 3br 1 bath SFH. 10k down. 35k borrowed. 10 yrs at 5%. Monthly princ and interest payments of 375. Taxes and insurance 100 a month. 475 total piti. 675 rent. 200 cash flow.
So, I have been doing my homework, and now I am getting ready to do final negotiations with the wholesaler. I know what he purchased it for, and he is only asking for about $4k, which is fair I think. Once we strike a...
So I am not sure what to do here. I have a single family home in st augustine that I manage from out of state. Great tenants, no issues there. My issue is as far as managing repairs. My roof needs to be replaced (just...
Good morning, not sure if this is in the correct blogosphere, but please direct me if you could. I’m looking into properties and development. I have some friends whom have given me the ok I’m using them as private inv...
Going to doing BRRRR investing. I spoke with a local bank because I’ve read about portfolio lenders are not subject to the 10 mortgage max, cheaper than hard money, and want to establish a relationship for long term. ...
Hello BP, beginning investor here writing my first post and looking for your advice!So here is my situation... I work remotely, I'm not attached to any physical location and looking to start my real-estate investing j...
Hi BP Members,
I hope you're well. I'm analyzing a property for purchase and the cap rate is 5.73% and cash on cash ROI is 5.07%. The monthly cash flow is $291.46 total for the duplex. While I think the rent could...
Just got the email from Max. Wow this sucks. Closing the doors 2/9.
Just closed on my first house hack about two weeks ago! Renovated the unit I’ll be advertising while I slowly put together my own living space. Advertisement has been up over a week, two great potential tenants came b...