Sellers appraisal: $121,000
County records appraisal: $93,000
Comps in the area: ~$100,000
Seller asking: $68,000
(Per seller): $0 for repairs
Current occupants monthly rent: $850
Mortgage for 30 yrs @ 7.5% - $673.0...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $69,900
Cash invested: $15,000
This property is currently being Airbnb'ed and cash flowing like a boss! Monthly ret...
Hi folks, I'm hunting for MF (5+ units) and my current sources (MLS + Loopnet) predictably aren't yielding a ton of fruit. I'm tempted to start calling up the listing agents on loopnet and asking to be thrown on whate...
All,My biggest obstacle right now seems to be finding enough money for closing costs while still maintaining some savings. I'm unwilling to deplete my account to make a purchase and with the market I'm in its hard to ...
Would you purchase a duplex on a street that had about 10 other duplexes on both sides?Maybe i'm overthinking this but i'm concerned about too much competition.
Hey all! I am just searching for more eyes to analyze my first possible deal (Yeah!...hopefully). Thanks in advance! Setting -- 3 unit in a rural area with all tenants currently on annual leases and paying their own ...
Good evening BP members! I have a fairly complex scenario and am seeking your help!I am interested in purchasing a duplex in my area that was donated to the local university in June of 2017. The property was then plac...
I am trying to understand how buying houses for cash works.
My understanding is that you see a distressed home. You approach the owner, offer to pay cash for their home.
What if they owe the bank money?
What if the...
Hello all,New to BP here. I was hoping to get some advice from all the knowledgable investors out there. I am looking for my first investment property and I believe Dallas is a good place to invest for a cash flow pro...
I will be transitioning out of Military service in the next 3-4 months and I will be staying here in Fairbanks, AK. It is my end goal in this transition be a full time investor in BRRRR investing.
I have long though...