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Alright, so I have a seller finance deal in the queue...it 's a duplex...solid property...decent location...cash-flow is $191/month...10%CAP, 13%CoC, DCR 1.33. The deal would be a 84-month balloon, 10% down, 6% intere...
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From previous experience in east, it is common (almost standard) that a renter pays security deposit, last month and the first month (upon moving), at contract. Please can anybody tell me if this is the norm arou...
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I notice a lot of talk about the ROI of a real estate deal to assess the viability. In my line of work I was taught to calculate the Internal Rate of Return (IRR) when reviewing various ways in which to pursue a proj...
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Hello there,I recently (last week) started a new job with a 50% salary increase (going from 50K - 90K, from a not-for-profit startup to a much more established not-for-profit). I'm looking into options for financing a...
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Hi all,
Wanted to reach out to everyone to talk about your best deals ever. Specifically for On-Market what is the most you've gotten a seller to come down on their asking price? Share as much detail as you want!
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First Deal Blunder incoming! Let me know what you’re thoughts are and if this passes your sniff test.I always feel like this timeline sounds like complaining and finger pointing. I’m a marine vet with ptsd who takes e...
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Hello Friends,I own a rental property free and clear worth about 270,000. I would like to do a cash refi to purchase more real estate. FICO score is in the high 600's. I have a credit card company offering me 50% off ...
Hi BP, I have my first deal under contract and now have run into some issues with my current lender. He hasn't been able to communicate clearly what the loan requirements are and I'm afraid to be left stranded. I've f...
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Hi All,Within the next few months I will be moving from South Aftica to Montreal, Canada.I would like to start making contacts and connections within the house flipping and property investment community in Montreal/Q...
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Any advice for a newbie looking at desirable areas where houses are greater than 100 years old.? Specifically looking at a duplex. For those that buy older houses what are common things to watch for or lessons learne...