Hello all, I'm new to this and tomorrow I attend my first sale on the courthouse steps. I'm interested in a specific property and don't fully understand the process yet. If the lien is approx $2100.00, and I don't k...
I wanted to get your thoughts on the scenario below. Would you rather choose option 1 (lower home price) or option 2 (lower interest rate). Ultimately the mortgage ends up being the same. Let’s assume you want to s...
Hi guys!
For those more familiar with Land Contracts/Installment Sales and Subject-To deals; I came across a potential deal in California and am trying to weigh the options to create a win-win.
The seller’s goal is ...
I am working creating the best terms for an investor on a 15,000 sq ft lot where 2 things can be built:12 2 bedroom apartments that rent for $2,200 each. $26,200/month & $314,400/year. NOI as 60% of gross= $188,64...
Hello, my husband and I are viewing a for sale by owner today in Pittsburgh, PA. We are not sure how to determine a reasonable offering price other then looking at recently sold in the area. Are their any other ways t...
Hi. I have a potential deal in NW Philadelphia. To complete the deal I need to estimate the value (rent and sale) of a property post-rehab. An appraiser will not be able to estimate an unfinished property. The dea...
Newbie looking for some sale advice. Purchased a triplex as part of a 15-unit portfolio and am now entertaining offers to sell it separately. Having trouble coming to terms with my valuation of each building. I'm pret...
I'm in the process of selling my rental property. Initially it was my primary residence and eventually I rented it out.About half of the value is a capital gain. A strategy that was recommended to me is a two step 10...
I recently put a 4 unit property under contract and the appraisal came in 25K under the price I agreed to purchase for. The seller was very set on getting his price during negotiations and I was willing to pay his pr...
I know, the quick answer is probably "NO" but, what if the numbers still work? Here is a SFR I am looking at:PP: $112kARV: $125kRepairs: $5kConventional loan purchase with 20% down, wrap into owner finance at $130k, ...