Probably should have started this earlier. I’m a few weeks in, but I’ll split the post up so that it flows a bit better than a giant long read.Been getting all sorts of RE education through biggerpockets and my local ...
Our experience with a 203k loan:
Stephanie came across this triplex on Zillow just searching and saw this triplex that had been listed on the market for quite some time. The price was reduced several times over the y...
Hello,
I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...
Our property is in MI but we live in CA so it's hard to keep track of the tenant. We recently visited and discovered that they have been cultivating marijuana in the basement. They were growing and dispensing mariju...
Hi all - what a wealth of information I'm finding here. I feel like I've just stumbled upon King Solomon's Mines! But, I suspect you all know that already!I've always had an itch for "flipping" stuff, but never the gu...
Hi BP Fam! So I came across a nice little duplex in my area, a recent flip, decent rents at 1650, PP of 100K (nicest % I’ve seen in a while, considering the 1% rule). I immediately reached out to my agent asking to sc...
Hi everyone! My names is Joshua Morris and I am a new investor in the Central Virginia area. I am negotiating with the absent owner of an off-market home and we are having issues finding an agreeable purchase price. T...
I just got a quote back for a loan for a SFH in southeast Michigan. At $89k ask, there are $5,500 in closing costs ($1,500 of that is tax prorations) and then $2,100 in prepaids (insurance/taxes). The closing costs se...
Hey all, City: Villa Park, California My uncle wants to sell my a property for 800,000 through seller financing and no interest. Market price is approx. 1.2 million - 1.6 million. Estimated rent: 4000-5000Neighborhood...
This our first insurance claim, so I’m not sure how this goes. Roofer is neighbors son, genuinely nice guy, want to trust him. They mentioned to us about roof damage and reminded us about the shingles that flew off du...