In everyone's recent experience. Are banks negotiating prices when there are no offers, or they want their price and that's that. in addition, the property needs some rehabbing and it's owned by the bank.
We inherited a house near the Blue Oval City project and listed it, but it's not selling as quickly as we'd like. Should we hold out for a better offer, or take a cash offer now? Any advice is appreciated.
Hi All,
I have just started out on my RE journey and have 2 properties. One turnkey and one other SFR. Both of these properties are financed with a conventional loan at 25% down. I have a question about financing.
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For those investors here that use private money, how do you show proof of funds when submitting an offer? Do you have your private money folks give you the money first and use that as your proof of funds. Or do you...
Investment Info: Duplex buy & hold investment in Cleveland.
Purchase price: $130,000Cash invested: $37,750 (incl Closing Costs)CoC: 15%
1st out of state Turnkey Rental Resale Property.
What made you interested ...
https://www.biggerpockets.com/analysis/rentals/5862bb99-dd03-4ec9-b41f-ecfa3a55a41e
Cost $82k, has multiple offers (15 so far) so I am thinking to offer $85K.
ARV is at least $135k with $10k rehab-mostly rip out c...
Hello,
I am looking at putting an offer for a short sale property and have some questions. It is an older property that was appraised for 117k a couple of months ago. The current owner owes about 114k on it, and the...
I have driven by several properties in foreclosure, How can I find the Bank holding the note & make an offer.. Some have been listed on the MLS and I was told they were only available for resident /owners, no i...
I facilitate local investor meetups in Charlotte NC. We frequently get new investors who are looking for owner financed, subject-to, and lease option deals.
These normally DO NOT EXIST. Every seller understands cas...
Hi, everyone,
I am new to the forum. In my first post, I would like to share my story and seek for some advice. My story can be summarized as follows:
1. On 2/1, my wife and I signed a purchase agreement for a newly...