Hi everyone. I have been doing some research about real estate investing and have become ever more interested. Please bear with me if my post gets a little lengthy, but I have a lot of questions and much too still lea...
Hey everyone. I recently bought a foreclosed mobile home for $27000 with .5 acres of land. I leveraged a line of credit paying about 7 or 8 percent interest to buy the whole thing. The question is whether I want to do...
I received an offer on a commercial property today. The buyer is using a company called welfont group to do a 170 exchange. I searched through BP and didn't find anything about 170s. I would appreciate any insight ...
Hello everyone, I hope everyone's investments are going according to their desired plans. I am having a tough time understanding this seller finance strategy someone shared with me. To summarize, I'm looking to acquir...
My wife and I are still reading and learning as much as we can before diving into our first REI experiment -- our situation is that I have some RSUs from my job coming in over the next few years that we'd like to re-i...
I’m making an offer on a MF and my realtor included my pre-approval amount with my offer. I offered $25,000 less than the asking price as there’s no comps anywhere near the asking price. Granted this building is much ...
I am considering a homestyle loan in order to allow me to rehab a property without coming up with not just the rehab cash, but also the purchase price. I'll be putting only 20% down.I Understand that I will be able to...
Hi Everyone,This is my first post on BP! I need your advice regarding a Fourplex Deal that I am presently analyzing the numbers. The plan would be buy and hold.Asking Price: $260,000Down payment: $10,000Cashflow: $3,3...
I am considering a duplex in Memphis, this would be my first flip/buy and hold. Would someone mind taking a quick look and offering their opinion on the deal?The property is $89k, the repair estimate is $12k. The exp...
Thinking of selling a residential duplex investment property in CT. A sale would yield $250-300k profit. Owned it for 5 years. I have a commercial mortgage on it in the name of my LLC that I also personally guarantee ...