So I've got my first deal negotiated. Going to an attorney to get advice and contract but was hoping to get some insight before I go see him so I'm not flying totally blind. Out of state homeowner wants out of her hou...
Hello all,Hope everyone is having a great new year!Ive closed on my first deal and would love to get some feedback or even constructive criticism on my own analysis.Thanks in advance! Gross Monthly Operating Incom...
Need help on a deal analysis. Looking at a duplex in Charlotte. House appears to have been fully renovated. Open house tomorrow. Some numbers such as insurance and repairs are unknown. I will update after I see the pr...
I'm looking at doing my first owner finance deal in Greenville SC that I have paid for with cash but Im learning that having all my cash in one spot not the best idea so I wanted to see about refinancing the house aft...
Bought a foreclosure at auction and currently cleaning it up to rent. I know the BRRR method has your refinancing with a bank but I was told that if you purchase a foreclosure they re-finance off of the purchase pric...
So I have been using local FCU in Norfolk, VA to do my deals (buy and hold). 10% down and rates were 3.25%. Well...unfortunately, NCUA has now ended that program for me and FCU I was using discontinued their program...
Hi Biggerpockets,I need some help evaluating a deal. I currently live in the DC area and put in an offer on a property with the following details:Listed Price: $235k Estimated Value: $245kRequired Repairs: $7,500Avera...
I've read a lot about this, and know that HUD generally automatically accepts offers of 87-88% Anything lower is either countered or manually accepted later.Say the asking price is $100,000. Is the 87% rule as simpl...
Hello BP fam. this is my first post as I'm a certified newbie. I'm learning how to evaluate deals and wanted a bit of help from the community. I'm not worried about "losing a deal" as I'm a couple months away from hav...
Hello All,I am a newbie to the Real Estate Investment world. I have an idea and want to see if it is at all possible. My Aunt has a home that she is willing to sell to us for the cost of the loan $160k in Compton CA...