Madisyn C.
Duplex opportunity for 160k, need help analyzing
Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
Christina R.
Are there any possibilities here? Too green to know . . .
(Thanks in advance for any suggestions and advice)
There is a SFH property about 2 miles from my house that I drive by twice a day (to and from work). It's had a FSBO sign in front of it almost from the time...
Mark Scarola
Workouts Without the Original Mortgage
Hi. I just recently purchased a small note pool and the collateral file on one particular note appears to be missing a few things. Specifically it's missing:
The original note. There is a recorded copy, but ...
Logan Turner
Creative financing suggestions
Looking for some advice and fresh ideas to make this a deal:
3/2 1500 sq ft home. No comps available (stale market)
Owner is willing to do seller financing.
Owner owes 44k on mortgage. Value is roughly 120-150k.
W...
Christopher G.
Do you need 2 bathrooms for a rental?
Hey BP, looking for advice on how much it matters with buying 2 full baths over a 1.5 in SFH for long term rentals. There are many deals of SFH with 3/1.5 but my property manager/realtor thinks they won't rent. Obvio...
Steve Rozenberg
How to Prevent an Eviction
How to avoid the problem tenant and the inevitable eviction. First always make sure that you have strict policies and procedures on screening your tenants. And more importantly make sure that you follow them.Always do...
Jerry George
First REO deal for duplex - questions ? Please help.
I am new to REO investing. My offer was accepted by the bank for a duplex of 2 units. It is valued at $210K by the city tax dept. My offer was 152K. It was listed for 170K. It needs 10K rehab work to make it perfect. ...
Dave Charron
fsbo while renovating or wait and list
I have a thought to possibly save listing fees on flips. What do you think about putting out a fsbo sign while renovating? I could potentially save myself the whole commission. If it does not sell by the time it is...
Adrian Williams
College Major?
I start general education classes here in June I'm going to a school here in Kansas City called UMKC looking at possibly majoring in economics , I just wanted to hear from members on Biggerpockets that did go to colle...
Laurence V.
Bounced Check, Defensive Tenant
First post on here though I've been lurking for a while. I'm relatively new and small time right now (2 properties, longest is just over a year). I could use some advice on a situation with a Tenant and my first bounc...