Taylor Hudgins
Rental: Cash Magnet #1
Investment Info:
Single-family residence buy & hold investment in Portsmouth.
Purchase price: $59,000
Cash invested: $6,000
Our small (698 square feet to be exact), but mighty first rental proper...
Gary Marcus
Advice please - strategy using HELOC
I have a 120k HELOC and am looking to buy my first investment property. My goal is to acquire several multi-family properties over the next few years. I’m trying to figure out the best strategy. Does it make more sens...
Brendan Chase
Financing rehab costs on a triplex
Looking for advice on funding a rehab for a triplex. Purchase is 200k and rehab estimate is 75k. I have apprx. 80k of my own money. My understanding is banks will not finance a rehab? This is an investment propert...
Veronica Mitchell
Nightmare Surprise Before Closing
Hello everyone,
As the title says, we are 3 weeks away from closing and we are in a big dilemma. For background information, I'm a W-2 contract employee who makes 80k+ a year and I have been working at this job sinc...
Vicki Gleitz
Foundation Confusion Please Help!!!!
Okay,my 20 year old son found a cute little home in pueblo. They were asking $34,900. He put in an offer for $30,000 cash. They accepted it contingent on closing Sept 15 rather than Sept 30. We received the disclo...
Abdul Azeez
How to sell my primary residence?
Folks - In NJ I have a primary residence, a townhome that I acquired at $333.5k in 2007 but comparables at this time are around $310k to $325k. Since I am already under what I bought I cannot justify spending another ...
Sheldon Vic
Conservative Rehab Estimations (**Contractor/Handyman***)
Hello BP community,So we have just gone into escrow for our first primary residence, that we intend to turn into a rental (once we move out-of-state). I would appreciate an experienced persons input on estimating cost...
Tyler Blackwell
What to look for when buying raw land to possibly flip?
Hey all,
An out-of-town individual has a 1.75 acre parcel near me listed on CL. He's an investor that bought the property at a tax foreclosure auction for very little money. After a couple years sitting on it...
Charlene Fedoroff
Are LOIs ok to use
When faxing an offer to listing agents is it professionally ok to do a LOI rather than a purchase agreement (on REO's or successions for example). Thanks in advance!
Chris Porter
Potential First Deal! Fix n Flip
*I believe i may have posted this in the wrong section initially, not sure if it can be removed from the other forum or not.*Hello all! A little background:I'm currently deployed over seas, I'm actively looking for a...