Ok so I feel kind of lost. My wife and I live in Raleigh, NC and own a townhome. With about 60,000 in equity. It would make a great rental for a would be first time landlord. We would probably make 250 a month on it. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/58310/small_1621412643-avatar-carlschmitt2.jpg?twic=v1/output=image&v=2)
I've run the numbers several times, changing different sections to see how it would affect the deal. I just want to get everyone's input on it. If it were you, would you buy it?
So here's the details.
6 unit build...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26943/small_1621363826-avatar-astrickland.jpg?twic=v1/output=image&v=2)
As I barely understand the concept right now, is it just buying a cheap house that needs work and then selling to an investor for him to make money off of by selling to a typical occupying family or resident for a pro...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/154225/small_1621419855-avatar-agratt.jpg?twic=v1/output=image&v=2)
I have found a SFR from one of my lists and in the discussion with the owner she said she has a lawsuit against her from a previous tenant. I asked if it was against her or the property and she said "The impediment is...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/146614/small_1621419389-avatar-shawn_vipllc.jpg?twic=v1/output=image&v=2)
Hello, I am trying to pickup my first buy & hold (first real estate investment period)... I have some potential properties, I have some people who would lend hard money based on the deal alone. My only problem is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2161801/small_1634044901-avatar-matthewl531.jpg?twic=v1/output=image&v=2)
Hi,So recently I had a seller interested in selling me their multifamily units. Total of 9 duplexes, 3 duplexes on 3 parcels of land. The property was not on the market, I contacted to them to see if they would be int...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/560275/small_1621492605-avatar-jonathanf29.jpg?twic=v1/output=image&v=2)
How long do you have to hold a property after you purchase with cash before doing bank refi? Reason I ask is because I would like to buy a competitive deal with cash and convert it to a bank refi loan as soon as po...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/364350/small_1621446830-avatar-wf.jpg?twic=v1/output=image&v=2)
The mortgage is still due. Why?
1 - Investors should have saved 'reserves' in place - so if they are already worried about rent payments coming in April, just a few weeks into this, they have decided not run their v...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/839479/small_1621504259-avatar-jordann19.jpg?twic=v1/output=image&v=2)
Hey everyone, has anyone had success in pulling lists/leads from your local county courthouse? I was listening to episode 332 of the BP Podcast recently. Brent Moreno and his partner were being interviewed and they me...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/123599/small_1621417923-avatar-miamicuse.jpg?twic=v1/output=image&v=2)
I have a short sale offer where the listing broker is insisting on the me the buyer to sign an addendum before he would present my offer to the buyer.
Usually I have seen seller's attorney dictating some verb...