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Trying to structure the purchase of a property at favorable terms for the seller in order to negotiate a lower price.
Property: 2 unit for $300,000 (property is worth $350k)
Seller Initially Bought it for $100,000 y...
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My husband and I are newbies at investing. We currently have a vacation rental that is free and clear in Arizona. We'd like to purchase some long-term rental properties in Wisconsin where we live. What is the best way...
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What’s your biggest save by an inspector? I am a fairly handy guy and a good majority of the items the inspector finds I already noticed during my walk through before offering on the house. I know as I grow my portfol...
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I'll be as short and to the point as possible. I'm purchasing a property subject to the existing mortgage. To do so I'm using a business line of credit to pay for everything from start to finish. For sake of simplicit...
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I had a magnetometry survey (fancy name for an oil tank sweep) conducted at a property I am looking to purchase in Northern New Jersey. The scan detected an anomaly between the grass and driveway. While a metallic foo...
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Hello Everyone,I am totally new here and looking for a little guidance. I am interested in property rehabbing and house flipping. I am going through many of the BP forum discussions, pod casts, I am currently reading ...
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Example, home value is 100k with 50k on the mortgage. Can I get a HELOC that will be 70% LTV and get access to 20k?
Thx
Eric.
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BLUF: I have a couple of properties with equity to juggle and I'm not sure of the approach to best set me up for my next REI. Hi all. I'm looking for folks who would like to share their experiences with this problem s...
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I own a property zoned RM (residential multifamily) near Highland Drive. It currently has a duplex on it and sits on 1/3 of an acre. There is potential to tear the duplex down and build an 8-plex on it. The only probl...
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Hey BP'ers - looking at my first large multi-family and need help knowing what the unknowns are. Here's the data:79 Units - Townhomes, with 24 separate buildings. 60% have been updated with roofs/siding, interior ba...