I am looking at some inexpensive condos in a lower-income area offered for $54,500. With lending being what it is these days, I am thinking of going in with a $20k down payment for a $34,500 mortgage. My spreadsheet...
Hey guys, I was hoping to get some feedback on this duplex.
http://rmls.com/report/13396573
The property’s been on the market for around a year and has had only one real offer that fell through. They’re...
Hello BP, I'm planning my business and designing my strategy, which will be to primarily fix and flip while holding on to a unit here and there to keep as a rental. This is the model that most excites me. I know a lot...
Hi,Just signed up yesterday, and the amount of information available has been a bit overwhelming. As I read the various articles and hone in on what I REALLY want to do I'm hoping I can get some advice. My goal is t...
Hello BP Readers,
I have been involved in the RE field now for 2.5 years. After purchasing 10+ out of state properties with all cash in the $50-100K range, i ran out of funds. I then obtained $500K LOC (Line of Credi...
I've targeting a property in my area that is soon to be listed at a Sheriff's Sale. Prior to the sale I want to make an offer to the current owners for the price of the outstanding debt and property taxes. With t...
I started searching the web in regard to "foreclosure" information. I've been curious about this, because my husband and I were put on a "re-payment" plan last year in 2007 to get our mortgage payment current. At this...
Hello BP! I troll around here as time permits and have recently been seeking information pertaining to a specific question (or series of them) without really nailing down an answer with the kind of experiential wis...
Has anyone had any luck negotiating with an HOA to reduce delinquent dues so a house can be purchased and saved from foreclosure? The HOA is in a junior lien position so they will get nothing if the house goes to ...
Hello Everyone,I'm looking for some guidance from any seasoned investors, attorneys, lawyers, wholesalers, flippers, buy & hold, or any active forum members.I am trying to find my first investment deal and what to...