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Investment Info: Buy and Hold Duplex in Minneapolis, MN
PurchasePurchase Price: 302,500
Remodel Budget: 50,270Initial Loan Terms: 5.125% interest rate fixed for 5 yrs, 25 yr am, 246k loan (80% LTV) - $1953/mo PITI. ...
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Has anyone tried to flip in Ivy City in DC? Trying to get a feel for what the appetite is for homes there. I live in NoMa in DC, and I love the "bones" of the neighborhood, but trying to gauge timing for any sort...
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Hello BP,
I'm new here. I've been reading the forums for a couple of months and now I need a sounding board. I'm new to real estate but not new to business.
My wife and I found 2 duplexes in the suburbs of Philadelp...
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Hi, all.Being new to real estate investing, as a flipper, I'd like to ask the question on BP of whether house flipping as an industry is over saturated (here in July 2014).I am sure the answer to this question varies ...
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So I'm now ready to start the pre-approval process to know what's my spending power as a first time home buyer. With rates going up in the last two years you could only imagine how scares it can be. What are things th...
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Hey guys!Looking for tenants for my first investment property in GA. I have received 5 application so far and almost everyone has a low 500 credit score. Some had eviction history and I just rejected them but I want ...
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Hi there,I was chatting with a friend that I plan on partnering with in flipping houses with (in DFW, mainly Dallas/Far North Dallas areas) and she brought an idea across - to purchase foreclosures with a personal loa...
I just read about how to perform a three-way wholesale deal and I'm intrigued, but I'm not understanding how the contracts would be structured for such a deal. From what I understand the seller sells to a wholesaler ...
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I'm looking at an off market 40 unit. It was purchased by an investor at trustee sale and nothing has been done since. Its empty at the moment.
40 units - 1 and 2 bedroom
$400 average rent = $16k gross potential
Fact...
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Hello Everyone,I am new to BP and looking to make my 1st investment in Houston area. I evaluated few properties but numbers don't work out. Not sure if I am doing something wrong or it's just hard to find good deals i...