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Hey all, I have a strange question regarding inspector ethics and civil implications of sharing info. I paid for an inspection on my Mom's house which I am in charge of selling as part of her estate and fixed all the ...
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I recently purchased a rental property for cash with a short term unsecured loan because it was such a good deal(numbers below). I figured since I owned 100% equity in the house and I am only seeking 65% LTV I would h...
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I agree with J Scott that there is both passive investing (buying and holding real estate for long term wealth building) and trying to build an active real estate business.
Between working as a real estate agent vs s...
Hello all,
How do you get confidence on the deal when you are looking at out of state deals? I came across a property which I felt was good when i ran the numbers but not sure if the location is great and will be ren...
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Hello All,
I've been on this forum (on and off) for years and never quite made anything work in Real Estate as I didn't have the income or credit to invest. I sold my property a couple of years ago and moved from IL....
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I am looking at this multifamily listed at 1.6m, but I can make it work with conservative numbers at 1.3m where 1m is seller-financed and the 300k is taken as a loan. I can support more than 300k with my job, but the ...
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Hi BP community! My partner and I just had a deal on a Baltimore (21213) row home fall through on appraised value.Here's the quick and dirty:We agreed on a $74K sales price for a recently rehabbed lead-free unit. (I'm...
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Hi! New to BiggerPockets! I was an airbnb investor for a few years but my financial situation got really complicated. Now, I am in a great financial situation and am looking to start investing again. However, I really...
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Hi all, Just had a quick question on what everyone uses as a rule of thumb for rental cashflow?just to make it simple... I'm talking about financed (20-25% down) 2-3 bedroom houses/condos that are in the 100-150k Rang...
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A lot of us short-sale flippers have the same goal: to find as many listings as possible. But we all run into people who aren't willing to short-sale their property, and they would like to attempt a loan mod.
I haven...