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Hello everyone, I had a lady call me today with a home she would like to sell as quickly as possible. This home is in an A or B class area and would sell in any condition in less than a month based on comps. ARV for t...
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Hello, Biggerpockets...I purchased a 4 family building in New York (Bronx) with some equity in early 2016. Now $60K later, I feel the property now has over 180K of equity in it. I've been looking into getting a Home e...
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Anyone familiar with Joliet, IL rentals? The numbers seem good for cash on cash return, cap rate, ROI, etc. But..1) How easy is to find deals in the Central area? (East of Infantry, west of Center St)2) How high are t...
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What are the mechanics of a seller carrying a second lien?...and would the process simply be that they apply for a HELOC and loan the cash?...or can this be structured some other less intrusive way?
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What would be a beginner's guide to the criteria and ratios that I would need to analyze an investment property? My goal would be to have the property produce positive cash flow even if its $1 a month. I just wan...
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I know this might be an odd thing to ask, but would it be abnormal to try and get a deal when paying off a mortgage? I figure it IS normal to submit low offers going into the deal, why not on the other end (the diffe...
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Hi,Looking for some advice. I bought a rental sight-unseen 3 years ago through a friend. The purchase price was 56k, which, in retrospect was rather high for what it is. The first year was great and brought in 950/mon...
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HI Everyone,
My name is Phil and I am new to BiggerPockets. I have invested in two properties so far on my own. Both were 2 and 2, 1010sqft. Condo's. The first I purchased for 75K then appraised at 8...
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Anybody knows what this is? and how does that differ from a conventional ARM loan?
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Hi BP Fam,After much reading and saving, I’m ready to take action in REI. I already know the strategy I want to utilize, which is House Hacking.Thing is I’m planning to move to TN in 1-2 years to pursue school. I curr...