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Im just getting my feet wet with RE investing, Ive met a local investor with 12 properties he would like to sell. I went to a mortgage lender, and it turns out I do not have enough "established credit" The investor in...
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Nine days after opening escrow, I received an estimate (actually the Buyer's Estimated Closing Statement) from our title company yesterday. It was emailed to me same morning the fedex package to the Seller went out. I...
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Investment Info:
Retail commercial investment investment.
Purchase price: $125,000
Cash invested: $125,000
A while back, I found myself with an intriguing opportunity: a property priced at $125,000 t...
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Hi- I’m new to the forum and I’d greatly appreciate any advice.
I am under contract for a SFH property in metro Austin Area with a target closing date of end of May. Starting next year, I’d like to use the propert...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $546,000
Cash invested: $49,000
Sale price: $595,000
Classic fix and flip. We had 3 exit strategies, and ultima...
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Hello BPer's,I am closing on my second rental single family home this upcoming Tuesday and need advice on the title company fees. The first company just charged title insurance $472 and title settlement fee $125. Comp...
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Hi All,I'd really love some advice on pricing the rooms out in the home I am closing on next week in Harvey Park South. Its a 3bd/2bath 2000sqft home with a nice yard, corner lot, hardwood floors, and lots of natural ...
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I have found another motivated seller who is willing to get rid of their city property for 13k minimum (market in my area for city property for investors to pounce is 5-15k). He had it advertised for 17k. So it fits t...
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Hi ,We are planning to move to Seattle from Boston and looking at buying a house, we can use help in deciding on how to move forward .1- I work from Home for now and only need to travel to Seattle downtown maybe 1-2 t...
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Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...