$85K for the seller's price (and he'll want more when he discovers closing costs), 2K to fix (seems low, even with your list, plus you say its been previously rented) and then your fee on top of that.

I first discovered wholesaling years ago when Preston Ely was promoting his wholesaling book.

Those deals are no secret.

Hello to all on BP site,My name is Leslie and I just discovered and joined this community.

Second, if there is a material procedural error in the foreclosure process and it is discovered before the issuance and recording of a trustee deed and it results in a price significantly less that what otherwise might be obtained, the trustee can abort the sale and return the funds (with interest) to the purchaser - but this is not the case.

-The “Top Secret” method that Danny uses to find deals.

Glad you are enjoying the Podcasts :) Is that how you discovered BP?

@David Beard We recently tried to re-finance and through that effort did discover we could get 80/20 LTV, however contract states we are required to pay MIP for 5 years.

When I discovered how tight the market had become for being able to buy equity, I started researching multifamily.

But they may then discover their agent will require them to make up the shortage on the commission.