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23 January 2014 | 15 replies
Hello all,I want to get started in the wholesale biz but I am unsure of where to start.
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21 December 2014 | 4 replies
You just have to dig for them; or better yet, have someone else dig for them for you.Here's some information that may help you if you plan on looking at REOs (foreclosed properties).First of all, I have never seen, in any of the states I am licensed to work in, any REOs where the bank gave anyone a disclosure of any sort beyond the federally required Lead Based Paint Disclosure for properties built prior to 1978.
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28 February 2014 | 12 replies
Perhaps the start of an eviction will force him to a) leave on his own, b) get a steady job or c) run his business more efficiently so that he can pay his bills on time.And Something tells me that while you have yet to get your money, his cigarette pusher is getting his.
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28 January 2014 | 10 replies
Hello All,I stumbled across this site while doing some research on learning more about Residential Real Estate flipping.
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12 June 2014 | 5 replies
My goal right now is to learn all I can and start by wholesaling properties!
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23 January 2014 | 3 replies
As long as you aren't forcing deals just to buy more, you are going to be fine either way.
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26 February 2014 | 36 replies
Just make sure the total cash flow increases after investing the refinanced money.Property 1 was cashflowing +250, after refinancing starts losing 50 a month, if the new property cash flows +500, your new total cash flow is now +400, almost double than before, I would do this any time.Also, its preferable that you buy properties that cash flow or at least break even with 100% financing, that is now one of my parameters on my investments, it forces you to be patient and wait for the best deal possible, it makes the investment safer even if something goes wrong.
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15 October 2014 | 8 replies
Hi Todd hope all is well I have to agree with @MarlonWilson in today's Houston market 70% deals are quickly becoming a thing of the past in the company I represent we use 75% which still is hard to come by unless you yourself are doing the work.
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23 January 2014 | 14 replies
No real estate investor exp. at all. I
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23 January 2014 | 4 replies
Hey all,I am preparing my home for an appraisal.