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Hello BP members! I wanted to share with you my latest RE project. This is our 3rd RE transaction since jumping into RE in December of last year. First deal was a buy and hold 4 plex, then a flip which we are listing ...
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I`m a total newbie so I have some question after reading and listening to a lot of materiel here and on the web. 1) what do you look for in the due diligence process of buying a performing note?2) what discount should...
This is my first post so please be bear with me: I own a co-op in NY and have been renting it out. The numbers: Mortgage – $1580 Maintenance - $1,462 Sublet Fee - $281 – so it costs me $3325 a month to keep the apartm...
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Hot off the press today! Got a verbal offer secured on a this mobile on land.4BR 1996 double wide on a half acre. Needs about $14k in work. PP $57k with seller assist of $1750. I originally tried to get Seller to ...
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I have completed my first BRRRR successfully! It is a 2Br 1 Ba small SFR (Pictures Below). It took me about 4 months to complete this Rehab in from start to finish. I Hired out Most of the Big items : New roof, drivew...
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I got one condo under contract (buy & hold). After receiving the condo questionnaire I found this condo is a non-warrantable. I was able to find a local bank by searching for properties that closed in the same com...
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If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?
Here are the numbers:
ARV $185,000
Repairs ...
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Hello everyone, I'm a soldier in the US army but have big ambitions and don't plan on waiting to get out of the army to start. This is my first lead and a promising one. Here are the numbers.- I am planning on using t...
Hey folks, looking for some ideas and inspiration here. How would you invest in real estate if you had a few extra dollars in a trust, say $1.5 Million, and your goals were to:Maximize income for yourself in retireme...
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I have a private lender who is loaning $80,000 at 4% interest paid back at $266 a month for six months with the $80,000 paid back at the end he's charging $800 origination fee is this a scam ?