Hi All-I rehabbed and listed three properties for sale. They are rehabbed to a high standard and my asking price is somewhat lower inferior comps.I have received offers where buyers are either asking for 3% CC concess...
Hey Guys, I'm looking at a home with a little less than 800 square feet. The deal seemed good at first. The location is good. The neighborhood is good. The rents are good etc. However, we've never purchased a pro...
Here is the situation.
Neighbor dies and there is an existing mortgage on his property. He has no assets so the bank begins foreclosure. A year or so before the owner dies, his daughter moved in to take car...
What's up BP family so I have a dilemma that I need assistance on. I've mentioned the condo I purchased before but I'll give it short. I purchased a 1bd 1bath after moving from my parents home with the intention of re...
Last year, I created my first deal and purchased a four unit. My fiance and I house hacked a duplex, where the tenant pays the majority of our mortgage. And during this difficult time we were able to use an unique str...
Hello. Looking at my first multi- unit. Here how it breaks down. Asking $52,000. 3 units. Two bedroom- $475/ mo. 1 bed $400/mo. Efficiency $200/mo. Rent=$1075 Those are current rents. Efficiency and 2 bed have long t...
Hi all,I've been reading around BP for a while now but this is my first post. I am moving away from Albany within a year and am debating whether or not I should keep a 4-unit property I have. It is in a good neighborh...
I am new to REI and am scouting my first deal. I have a family member who could be a private investor. I’ve done some searching online and it looks like somehow I need to show the government this info so they can trac...
I am a 24 year old guy who is close to finishing up his first deal. I bought a house at a tax foreclosure auction with the intention of fixing it up and moving in with a roommate once it is finished. I am finally gett...
I wanted to run these numbers by everyone on this forum to see if this local bank might be the way to go in lieu of conventional financing for our next purchase. There are both pro's and con's to what they can offer(...