As I’m about 2-3 weeks away from listing my first flip that I was 100% owner (I did a few others as a 50% owner with my dad), I’m trying to fix my errors and make my business run more efficiently in the future. For my...
Has anyone done a Subject to existing loan fix and flip?? Scenario: seller wants 146k, 20k of that will be their equity for a down payment on a new house. I'll sell the property as is for 200k. Question is can the s...
My father in law has agreed to use a line of credit that is already set up to buy a property. As of now he doesn't want to take an active part in real estate. The deal we have been contemplating is a 4 plex that we sh...
I have a client right now who I am helping to get financing to re-finance a six unit property that needs extensive work at 0% occupancy.
Step #1 We calculated the pay off amount.
Step #3 We estimated the rehab costs...
I never refinanced a commercial real estate loan. Anything I should know before I start shopping? Or is it pretty straight forward.
Details:
10,000sqft office building
1/2 occupied
this property does not have positiv...
I'm under contract to purchase a 2 family house in Buffalo, NY. I had an inspector check the place out today, and he found CO levels so high in one of the units that he had to call the gas company to come and shut of...
Hello BP,
I have a potential deal from a Probate, but need some help determining its value and what to offer to the homeowner, who is right now very motivated to sell.
This is a 3/2 (originally a 4/2). Homeowner is...
http://www.newser.com/story/81413/most-miserable-us-cities.html
Interesting list. New York is only # 16. Who likes Memphis, or Worst city- #1 cleveland? Rich
Is this a good/bad idea to allow? I don't know anything about these systems, quite honestly.
There's a property that I really liked (from description) but it went under contract before I got a chance to see it. I asked my Realtor what about making a competitive offer and he said it's sufficient to let the li...