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Results (10,000+)
Cole Bossert Starting Out Investing While Finishing College
4 December 2024 | 6 replies
I will be graduating with a degree in Digital Marketing and have been applying to jobs for a while with not much luck.
Kaden Flores Wholesaling a home with an active mortgage
13 December 2024 | 1 reply
Most people have a mortgage on their home when they sell it.
Jonathan Warner No finacing contingencies allowed?
13 December 2024 | 12 replies
That’s 3.5 years meaning it didn’t sell when the market was at its hottest.
Yents Ybrimovic 203K loan new investor question
17 December 2024 | 16 replies
Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.
John Postma A couple deals under my belt, but at a stand-still and need a coach/advisor.
13 December 2024 | 32 replies
Ask anyone who ever tried to sell a cash flowing biz, it's not that easy (compared to selling a house)The best play IMO is to run a business and feed the profits into real estate.There are a million ideas, but you can start here: https://www.biggerpockets.com/biggerpockets-business-podcast Thanks for the suggestion Marcus. 
Aung Satt are there any skip tracing websites high on accuracy?
11 December 2024 | 13 replies
Pick 10 people that are in foreclosure, and ask them if they want to sell their house or keep it.Correct. 10 out of 10 will say: "keep it".Now pick 10 tax liens people from your amazing tax liens list.Same equation, Do you want to sell or keep?
Nick McCandless Turnkey Real Estate Investments
17 December 2024 | 22 replies
@Nick McCandless  I would recommend doing your own DD on anything turnkey investors says to you in terms of cash flow, type of properties they sell, and their turnkey model.
Julian Martinez To Sell or Keep as Rental?
3 December 2024 | 1 reply
It seem like a great long term hold with the appreciation BUT I think selling would be ideal.
Gerald Harris Avoid Most Of Your Real Estate Wholesaling Problems If You Follow These 5 Rules
12 December 2024 | 1 reply
If you have buyers ready, selling your contracts becomes much easier.- Be Transparent in Your DealsHonesty goes a long way in this business.
Terrance Jordan What's Your Top Priority When Selling Your Home—Timing, Price, or Something Else?
3 December 2024 | 1 reply
Aha it seems like every time I sell one of mine its the time.