Hi BP, thanks for clicking on this thread, hopefully I can get some advice on this deal.
I found a nice 4-plex in a C+/B- area in Washington DC that is being gentrified. 1BR 1 BA in each unit, renovations have begun...
Scenario:
-We bought a lot that was going to the tax auction several months ago. We got a great price on it so not a lot of value is at risk relative to the cost of working through the scenarios described below
-...
I'm a first time investor.
I'm buying a property for 25k
7k cash 18k unsecured loan that I'll want to refi.
I was told I should have the 18k paid by certified check coming from my parents so that I can start making...
I recently drove by a distressed property with an agent's sign in the yard. I pulled it up on the MLS and it seemed to have potential for a fix & flip, so I called the agent and scheduled a showing. After seein...
Hello,
I am new in this forum and I found some of the postings here very helpful. So I decided to create a new post to ask few questions I had.
To be honest Real estate has been my passion since I was 2...
Hey everyone! I have a rental building that I own with two partners, on the south side of Chicago. We own it free and clear, and it generates a profit of about $600 per month, and will about double when we get th...
Im in the early stages of closing on my first fixer-upper. Whats the best way to find good contractors? Would I need to find someone who can do most of the work or would it be best to hedge my bets by splitting the ...
Hello all,I am interesting in buying my very first investment property with an FHA loan. I am hoping to buy an owner occupied duplex...If I was approved for $140,000 on a single family home by my mortgage person, woul...
I am interested to know what others think about the influence of a rising stock market on residential real estate prices.
Will people use the "wealth effect" to invest in real estate driving prices up or will people b...
I am new investor and would like to pick the brain of folks who invest in real estate. I am particularly interested in understanding what criteria folks use to identify the the potential markets that they invest in.