Investment Info:
Single-family residence buy & hold investment in Elsmere.
Purchase price: $107,000
Cash invested: $107,000
Purchased as primary residence as a single parent to two kids. Converte...
Here is the situation, we identified 3 properties for our 1031 with the idea of buying two and having a back up. We ended up buying one house to turn into a vacation rental and the two other options were one- a stand ...
Hi BP,I have a property listed for rent in Woodland, CA and received a call from an ale Solutions agent who claims to be relocating a family that lost their home to a fire. The agent is only looking for a 9 month leas...
Hi All,Feedback requested.* Situation: I am in contract to purchase an apartment building. Purchase price $1.5M, $400K down, for a loan of $1.1M By making extra payments towards the principal and a large lump payme...
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
My LLC made an offer on a 2 bedroom 1 bath home in Albert Lea, MN. The home needs a $1500.00 sump pump and about $1500.00 in roof repair. Other than that, it needs nothing. Similar homes in Albert Lea sell for $55,...
I"ve been shopping a DSCR and hearing odd things about rate locks. So far I've been told things such as I can lock "when I"m close to closing" or "after the appraisal is completed". The appraisal is supposed to be th...
Wondering if other people do inspection and request financials in the time between accepted offer and signing the P&S? That is how I usually do it but I just checked a book and it says to do all of that in due di...
I am a newer agent located in Portland, OR coming up on my first year and am wondering what everyone else is doing in this market to get their offers accepted? It seems like every listing agent here receives their fir...