Investment Info:
Buy and hold duplex in Minneapolis, MN
Purchase price: $275,000Cash invested: $85,000 (~73k for 25% down payment and closing costs, the rest for renovations).Monthly cash flow: $520 (will be $750 on...
Hi BP,
I am a new investor and just started my own one-man handyman service last week. I just got my $1 million insurance policy and am ready to get started!
I am looking for tips and advice from seasoned landlords...
Hello! I am looking for some advice. What are the positives and negatives for a FHA loan? Since I don’t have much in cash ($600) I want to use that loan to buy a property. Particularly, an apartment. Any advice? I am ...
Hey all,
So here's my situation:
1) About 2 1/2 years ago, I partnered with my mom to buy a duplex in cash for $140k, intending to live in one side and rent out the other. We put an additional $17k into renovations...
I'm hoping I might be able to get some help analyzing a 4plex property I'm considering. This would be my first real estate purchase ever.
The property is vacant, its bank owned and on the market for 180k (...
I own (by inheritance) 2.25 acres in a small, one red light, South Carolina town. It's pretty much a midway point between two larger cities that are 30-45 mins in either direction. My land fronts one of the main roads...
I started a thread elsewhere and realized it was in the wrong spot, so I’m moving it over here.We’re about two months into a flip we’re working on in eastern suburb of Cleveland Heights, Ohio. I’ll do my best to catc...
I am currently selling a house, suppose to close tomorrow but wont be happening just yet, in the final hour the bank called me out on the anti flip law. The price I paid was $43,700. I put it under contract for $90,...
just wanted to share what I experienced. As other posters had said, I could see that it was probably the bank bidding up against me. By waiting till the last minute, literally, to make my next bid, they dropped the bi...
.....as long as the price point made sense and it's in your area?
For example, if you have only bought properties that have needed light rebah and now come across a property that needs a gut rehab, would you consider...