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5 September 2024 | 9 replies
We purchase a lot from wholesalers so I would recommend trying to get on as many wholesaler's lists as you can.
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6 September 2024 | 0 replies
Investment Info:Single-family residence wholesale investment.
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2 September 2024 | 1 reply
Investment Info:Single-family residence wholesale investment.
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7 September 2024 | 11 replies
Our goal is to complete 2-3 fix and flips per year, and at 3 per year, a time frame of 4 months would let us hit that goal.MARKETING PLAN Finding Deals Wholesalers Direct Mail MLS Bandit Signs Selling MLS Bigger Pockets CraigslistFINANCING Equity Partners Private Money Hard Money Lenders Conventional Financing Capital Earned from Completed DealsHOW TO DO THE DEALS We will locate and purchase undervalued properties through the use of our marketing strategies.
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9 September 2024 | 46 replies
We plan to build on our “Deal Finder”, introduce a mobile app, and build out solutions to help investors meet contractors, lawyers, wholesalers (avoiding wannabes who just bought some guru course), and maybe foray into commercial - allowing investors to connect with Commercial Brokers.
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5 September 2024 | 10 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.
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9 September 2024 | 22 replies
Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.
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5 September 2024 | 1 reply
Does anyone have a rockstar title company that accepts the challenges of working with wholesalers?
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5 September 2024 | 6 replies
However, rarely do wholesalers put a 1% earnest money on their contracts.
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6 September 2024 | 7 replies
BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.