So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...
sounds crazy but here are my numbers
Say you find a single family for 200k in a c class neighborhood with a 9 cap rate purchase price- 200k
cap rate- 9
80/20 financing, 40k down
streams of return
appreciation (...
I’m working with sellers of a 6 unit. Agreed to seller financing for 15k down at 6% for 15 years. They’re asking 300k. Brings in 3250 monthly. The problem is they are unaware of actually how much work the property nee...
My recent yellow letter campaign has gotten off to a great start, however I have one lead that I am struggling to deal with...The property is in decent shape, could use perhaps $5-7k in tidy up work, but could probabl...
The unfortunate reality is that a safe Vaccine is a long way off. It may never come. It normally takes 10 years to develop a vaccine that is safe and effective. Perhaps it can be found quicker but at what health cost?...
Hi everyone
I'm not a new member, it's been a while since I registered, longtime lurker here. It's my first post here though.
Anyway let me get into the details.
I'm a real estate investor...
Is it possible to find a lender willing to do 15% down on a 4 unit? Me and my partner both have great credit scores and we expect to have some equity built in with a low purchase price. Just not sure if we’re being u...
Here is my ultimate goal, to be able to live abroad using the income from my properties. I'm 35, still young, and single so, I have time to build my portfolio. Where's a good starting point? Where can I find guidance?...
Hey everyone, so I have been watching this duplex in my area for a few months now. It listed at 90k in the beginning and has been lowered to 85k. This property has now been on the market for almost a year and I want t...
I own a 5 unit mixed use building in the 44110, which I understand a lot of people are avoidant of but has been good to me, for the most part. Considering selling as I'm just in a different place in life, and the agen...