Patricia Franciulli
1031 exchange
I received an offer on a house with 1031 exchange. I do not have no experience with it.
Brought the house for 108k and invested 7k rehab.
Have it for sale for 195k.
This home appraises around 180...
Rob Krach
Offer Countered, advice please!
Hi All,There is a 6 unit complex that I made an offer on and the owner came back with the below counter as the owners are old and ready to retire:Purchase Price of 525KDown Payment of 100KThe Seller would Carry the fi...
John Drinkwater
The "Quit Playing Games" Scenario
You know what is frustrating?After 3 Months, and 100 + hours of going through Los Angeles Housing Market analyzing 100's of deals, still coming up short. Last week, Friday morning to be exact, I found a listing in Wes...
Matt Kampf
Dealing with difficult seller and seller agent
Hi BP,So my wife and I currently have an offer out on two different properties and have run into the difficult seller/agent scenario and was wondering if anyone might have some suggestions.Property 1 is a SFH 2/1. We ...
Bat-Sheva G.
Fannie Mae "Temporarily Off Market" How to determine why?
Hi everyone! We just put in an offer on a Fannie Mae Homepath co-op. Fannie Mae countered and we accepted their counter offer. Then, about a week later, and without warning, the property was re-listed as "Temporari...
Josh Benitez
Great Opportunity in South Florida 3/2 Single Family Home
I was presented with a short sale property that the bank is willing to sell for $170k. The property needs a little bit of work. The ARV will be around $215k+ and there are recent sales on the same block to support tha...
Eric T.
Do you visit a property in person before putting in an offer?
I'm new to REI, and it sounds like finding deals is a very competitive process. For investors who find deals through the MLS, how many of you visit a property before putting in an offer? Or do you just submit an offer...
Matthew S.
Ever gotten a good deal in December/January?
I'm a new investor and have always heard that winter is the best time to get deals in real estate. I've got some cash saved and am ready to buy, but of course want a great deal.
Do any of you have stories of ...
Corey Stibbe
High cash flow duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $60,000
Cash invested: $9,000
Duplex purchase,low cash investment, high cash flow
What made you in...
Jacob Robinson
"Bank Approves Short Sale"
I am looking at making an offer on a short sale on a townhouse that has a bank approved price of 80,000. I don't feel comfortable buying it at that price but my real estate agent says I shouldn't offer less than that ...