Here is the scenario:I find a house that is being sold way under market (perhaps a bank foreclosure, auction, etc.) and that doesn't really need any repair. (It may not look as good as the other houses in the neighbo...
I'm just starting out with real estate investing. I sent out some direct mail letters, and I have someone who called me back who has a property they want to sell! The owner admitted to me that the property needs a lot...
Hello everyone! New to the site but not new to the podcasts Atleast, sadly I tried posting on the BiggerPockets.com/new just to introduce myself but the page was unavailable so here I am. As the title states I’m just ...
Hi everyone, I am in contract currently purchasing an apt building. The sale is suppose to be an "entity sale" however I am a bit confused. My intentions are to purchase the LLC entity that holds the real estate in ef...
I made an offer of 130k on a duplex that was listed for 200k, it was approved by the seller and we began escrow. However, the appraisal came back at 136k, I'm wondering what I'm missing here? My intension is to use t...
Hi, I'm in Chicago and am interested in doing lease options. Could anyone offer information for a beginner? Do I need a website right away? What do I need to get started (ie real estate attorney, where do I find contr...
...I usually get the feeling this is BS. “We have multiple offers, we need your best and final offer”
Anyone else feel the same way?
Can I buy my own mortgage note from the bank for pennies on the dollar? it can not hurt to ask, right?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $277,000
Cash invested: approximately $70,000
4BR/2BA single-family long-term rental in Madison Alabama.
What ...
Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...