I just had a Texas Realtor send me purchase contract for an offer I want to make. I was surprised to see the usual inspection clause encumbered with the language that says the buyer needs to pay a non-refundable "op...
Small little unit that needs a lot of work to get up to speed with market in TN is listed for 210k. I offered $140k assuming it needs at least 40k in repairs/upgrades and assuming a sale price of 240k. I compared it t...
I and my husband recently tried to rent a house. We filled out the application form that she had at the house that she handed us and I emailed them to her. She wrote back and said thank you I have reviewed it, but I a...
Hi, I am new here and to real estate investing. I'm from the greater Cleveland OH area.My next door neighbor died 2 1/2 months ago. His daughters have just started going through his things and throwing stuff out. ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $18,500
Cash invested: $30,000
Sale price: $55,500
I recently exited a deal that I started back in November 201...
Hi all,I have been growing my portfolio over the last 5 years and currently have a mixture of 5 rental properties, 1 flip in progress, and 1 single family house that I decided to cash out on the equity and sell. (unde...
The lender that I'm working with has stated that each person can have a maximum of 10 mortgages individually. If I own a property with a partner and my partner owns the mortgage solely in their name, does that count a...
I just went into contract on my first SFR and the contract stipulates as is. No sweat. Now comes my inspection. I asked my agent if I can use any issues that come up in the inspection to renegotiate the price. She sai...
CA SFH, tenants in the property for 2+ years. All seems great with the tenants as far as I know. No late payments or maintenance requests. My issue is with the Property Manager. Specifically 2 areas: 1. Ive asked mult...
Hi BP!I have been researching the different financing methods, and would prefer to use portfolio lending for its better rates on my first flip. I have roughly 60k liquid available as a down payment if needed, and the ...