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I picked up a property a couple of weeks ago that is scheduled for foreclosure on June 22nd. The bank and I have reached a verbal agreement on the sale price, but now they want $2,000 non-fundable to stop the auction...
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This would be my first buy and hold so I'd love to hear your honest thoughts. Thanks!3BR/1BA SFH in Inkster, MIPrice: $28000Gross rent: $9000 ($750/mo)P&I: $114/mo for 30 yr note or $172 for 15 yr noteAnnual Debt ...
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I found this blog and wanted to share it with everyone, he has some interesting points/topics.
Quick bio on Bob Knakal - he's chairman of Massey Knakal Realty, a building sales firm in nyc.
if this is in the wrong...
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Hi folks, Looking for some quick feedback from a financing perspective... What would you do/recommend? Here's a quick summary of the situation:
I'm interested in putting in an offer on a duplex in distress listed...
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Hi all,I have been a buy and hold investor for a handful of years now. I recently passed the real estate license examination. I would like to continue my 8-5 to keep that steady income stream to continue to accumula...
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Hey all -
A friend of BiggerPockets, Greg Swann of Bloodhound Realty, recently put together a free e-book on divorcing real estate commissions that I thought you might be interested in.
According to Greg, As long as...
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There is a house I am looking to purchase at a sheriff sale in NJ. The ARV of the home is approximately $700k. The property has 3 mortgages against it. It has a first from 20 years ago who's face value was original...
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Hey all,So I posted a few months ago and since haven't been as active as I should be in real estate or in these forums as I'd like to be - though I've still been watching the BP podcast (just got to #152 with Brian, B...
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I am looking at a couple different strategies and would like to get everyone’s perspective on which would be the most beneficial or which one you would pursue. Background – I have purchased and manage two duplexe...
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Howdy BP,
I'm just beginning to contribute to community forums, but I have previously written about recent successes with the utilization of seller carried financing. In my previous post I highlighted that the proper...