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What's going on BP, today I closed on my first deal! Well actually my second, because my first was my owner occupied triplex which has been great. I started back in April sending out yellow letters to inheritance...
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I am looking at my first rehab flip property and am having a hard time finding a good offer price. When researching how to get my offer price, I see several methods to get there. The MPP (Max Purchase Price) suggest...
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Hello,It was recommended to me that I ask for assistance in analyzing a deal in this forum. So here are the details of my deal.Multifamily Property - The property consists of 33 units in 3 buildings. Price: $350,000Pr...
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Quick question. If you were in negotiations on the purchase of a SFH rental property in a nice neighborhood, would you be deterred by a barking pitbull that lives next door? Just discovered the dog today, and accor...
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Any weathered investors have any stories they could share for us newbies? Any cautionary tales? Any flips that cost 3 times as much as originally thought or more? Any properties that couldn't be rented after remode...
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I have a couple (married 23 years) that is interested in buying a home, but it will take a few years to get bank financing as they improve their credit scores (currently 560 and 610). They have both been employed lon...
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Greetings,
My name is James Moesch and I was born and raised in Miami. My fascination with REI began when I was 21 years old working for the Federal Government as a Correctional officer. I was at work, (or in...
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I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...
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Hi everyone,
I found a large warehouse in an up and coming area of Philadelphia. I think this would make a perfect self storage conversion opportunity. The owner is willing to hold a mortgage for a few years. I am w...
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Hey all, I recently was too busy bidding on another property to notice that a property I did like as well went on the block before I lost the one I went to buy. A wholesaler bought it. He has since approached me sayin...