All Forum Posts by: Lourdemir Aime

Are you looking to buy in Boston MA

Hello Jp

Please inbox me information about the loan application and policies

Thanks

Lourdemir

Monthly rent 1,200

Estimate value 301,524

Hello BP community,

I need your advice making an offer on a preforeclosure.

Chelsea MA 02150

Asking price 290k

Duplex (2 units, any combination)

4 beds, 1 ½ bath, and approximately 1,914 square feet. The property was built in 1893.

no repair needed 

Similar home sold 270k

Thanks

Lourdemir

Hello everyone,

I need help with this situation.

I am in a process of getting a property under contract. Seller wants to sell but property listed on MLS. Now the seller agrees to offer but she is not sure if the bank would except the offer. Seller ask me to attach a letter with the agreement stating why it's so below the 110,000? It may have a better chance of passing!

Price 110,000

1,512 Sq.Ft.

ARV 126,000

my offer 84,000

Thanks

Thank you Brian

Lourdemir

Please inbox me information about the process and the loan amount you provide.

Hello BP Family

After checking to see if I'm qualified for a FHA loan, I've decided to go with Owner Financing for my rental property. I read the book "Real Estate" by the writer Brandon Turner about investing with Owner financing I'd like to give it a try.

But before I even look in to it I need some advice from anyone who tried it or knows how it works good or bad.

Thanks in advance

Lourdemir

I want to follow up, on my goal to buy a rental property 2unit or maybe 3unit. I apply for the FHA loan , I am now waiting on them to let me know if I am qualified. Hopefully I am, I have been reading books, reading BP post card, reading everyone successful stories which help me to be more motivated, I will keep you posted.

Thank you

Lourdemir