I recently was working with a seller and gave her 2 offers. One all cash for $100,000, and another offer for $110,000 but she would carry a note, and get paid when the project was finished. She didn't seem interest...
I've been doing some research on a 9 unit complex for sale. It's been listed for a year. It is a 6 unit apt building, a 2-story/2-unit building and a 3/2 mobile home on 5 acres with a pond. It is fully rented, and ...
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...