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Investment Info:
Large multi-family (5+ units) buy & hold investment in Norfolk.
Purchase price: $476,500
Cash invested: $476,500
Contributors:
Neil Schoepp
Property consist of 8,...
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I created an LLC because originally I was planning on purchasing a couple of condos to rent out locally. But the seller did not accept my offer. I am now looking at a property in foreclosure that is due up for aucti...
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I'm in a process buying an investment property for $235,000 right now (single family home, 4 beds, 2 baths, close to two main universities), but I keep hearing people buying REO properties around $100,000 (not necessa...
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Good Evening BP community. Was hoping some of you fine people could advise me on the proper direction to move forward. So currently have 20k and have found some homes in Philadelphia, Pa for around 12k 15k which would...
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I am always looking at flipping opportunities but have been really skiddish due to the uncertainties in the market right now. On the one hand, in my market (Phila), well rehabbed and well priced listings are selling a...
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What is your thought on "creative financing" (CF) in RE?
How do you define this?
How do you expect CF to apply in buying or selling?
I'm seeing some "promoters" of CF putting out some pretty old a...
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I have been actively looking at properties over the past two years and have had no success at closing a transaction. I have put offers on atleast 8 properties in Weehawken, Hoboken, and Jersey City. Some have been o...
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I’m evaluating a retail commercial deal. This is my first dive into the commercial side and to be quite honest I had no intention to be moving this direction after only 3 residential SFH under my belt but the more I ...
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Hi all - when getting a property under contract for a wholesale deal, is it permissible to put "my llc company name" "and/or assigns" etc.... and then have the end buyer sign the assignment contract?In other words can...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $270,000
Cash invested: $60,000
A duplex that needed a LOT of work. It was an expired MLS listing. I wrote o...