Eric Frith
Under Contract, Cold Feet in Colorado Springs
Hi everyone. First time on the forum. I'm in Colorado Springs, CO. I've been renting since my divorce. Decided in March 2020 it was time to buy...rough year. After getting outbid by cash offers 6 or 8 times, I finally...
Jason Merchey
Why Is this House Available?
I went to see a house with a Realtor yesterday. He works with a number of investors I understand. The property has been on the MLS as a HUD home for 45 days. It's a real dump - going for $20k. He believes that it woul...
Will Dougherty
Buying a house from parents
Hi All,
Working on my first deal and will actually be purchasing a house from my parents as they look to free up some cash and are ready to move on from it. We have been researching the best strategy to go about tra...
David Stone
Sell or Use equity to buy first rental property
I bought my first house about half a year ago. I purchased the house (FHA) for $47,000 and I fixed it up and it has now appraised for like $80,000. I am trying to get into the rental property business. So what I was w...
Eric Kristt
Residential or commercial?
So, I’m looking at a large house in my local area that has 5 units with 5 separate electricity meters. The MLS is marketing it as a multifamily residential property and was valued based on comparable homes. I was curi...
Jessica Roland
Basement wall falling in so we got a great deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $10,000
Cash invested: $17,000
This was a BRRR property that we got for $10,000 cash as one of the basement walls w...
Tim Hall
Any problem doing the BRRR on a gulf front property?
So I've got a killer deal on a gulf front property.
The purchase price is $115,000
There's no damage to the house but the sea wall needs about $5000 spending on it and the lot itself needs around $20,000 to fill. ...
Ronnie Boyd
Carrollton Texas retail buying
The market is so hot in this area. Houses are going for thousands over asking and cash buyers are being selected over folks with pre-approved loans. (Which makes sense because the houses won't appraise)
Experienced ...
Shaun Peterson
Owner Occupied Purchase and Full Rehab
Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $235,000
Cash invested: $71,750
Full gut and remodel of a primary residence to live in. House was ...
Kao Nou Xiong
How to get comps on Rural area property ARV
Hi community, I had a general question. If there are no comps for a property in a rural area with a house + land, what’s you’re recommendation of how to appraise or get an ARV? There are no comps in the area that ...