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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $66,500
Cash invested: $13,000
Property was bought off the MLS for CASH in a B Area. Standouts from the property we...
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First let me preface this by saying that I'm not going to jump into anything, or make an emotional decision without doing due diligence, and I would never go this route unless I knew it would pay off - That being said...
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Any advice on how to best execute / finance this deal? My previous deals were cash purchases and a traditional mortgage. I have the cash to work this deal as described below, but would like to hear any advice from p...
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Hello everyone, I am under contract for a HUD property and the appraisal came back as C-5 (not financeable). Since this is a HUD property they won't do any repairs. Does anyone have any advice for me please.. getting ...
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Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
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I just recently closed on a LTR and curious about the demand for MTR in the Cincinnati and Columbus Ohio areas. I would love to hear from anyone doing MTR in the area.Things I’m looking to learn:How much demand there ...
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Hea BP Forums!I have found myself in a bit of a pickle.My wife and I have a property under contract for 345k with 20k in seller credits at closing, funded with a FHA loan. We passed inspection with only some minor pai...
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We purchased a home on an island in September 2020, put about 30k down and about $60k to furnish and do the backyard, new flooring and paint. A year later, we purchased another home on the island, moved into it, and ...
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Hello! I am going back and forth with a deal I am currently in and need BP help! If anyone is familiar with the Bend, OR market please feel free to message me in my inbox so we can chat more. I found a deal in the Old...
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Owner Finance
Purchase Price: $700K
Actual value: $625K
Owner wants 20% down
0% interest
Balloon in 10 years
Cash flow looking at 400-500/M and it is in a highly appreciating area in South Florida
THOUGHTS?? ...