Just closed on buying my first short sale...a condo in Ontario, CA. It came on the market at $99k...too high, was lowered to $89k where I first saw it. I offered $76k and then for some reason the bank came back to m...
Hello BP,I am looking for subject matter experts with VA investing or just people in general who know what they are talking about. As most you know, the VA home loan has slightly stricter guide lines than conventiona...
I'm an investor who also has my real estate license. My primary focus has been on rentals. Now I'm switching gears and focusing on flips.How have other agents, who do their own flips, agreed on a commission with anoth...
Im really interested in buying a property, single family 3 bed 2 bath foreclosere. I just found out that the house its under contract so i know about contingencies but from your experience whats the chance of the cont...
Does anyone have a suggestion for how to approach a potential probate deal where the court appraiser has appraised the house very high, and an accepted offer amount needs to be at least 90% of the appraised value in o...
Hello BP!My husband and I are working on preparing a promissory note form so that we can offer the opportunity for our friends and family to invest in our real estate business. I would love some examples of fair marke...
Good morning everyone,I have been investing in real estate for years but have recently come to the thought that I'd like to set up a company that would act as a small REIT. However, I know there are tremendous legal l...
This is an empty, overgrown lot next door to a duplex I just purchased. I've located the owner's name and address through tax records. I was thinking about writing a letter and making an offer for substantially lowe...
I found a duplex I like, it would be my first investment property. Rent for unit #1 is 1100 and unit #2 is 850. Asking price for duplex is $225k. Now using the 1% rule, I should be asking $195k. However the rents are ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $232,000
Sale price: $284,000
First home i purchased. I miss this one dearly, its a 1457 sqft ranch style home on...