I would think this would turn off a lot of buyers.

Hi!

Could you please share referrals for a real estate agent or broker that specializes in the Montrose area? Looking to buy a town-home or condo.
Hi
Thanks!
Aline

Get someone that YOU trust NOT who the buyer wants, to get a quote for the damage and how much it will cost to fix.

Would I have to be pre-approved for a loan before I show up to one of these live auctions or do most buyers use a cashiers check or etc.

There's a good prospective tenant that wants to sign our lease but they are not sure about start date (work travel schedule) until 3 weeks from now.

On my financial path i came across biggerpockets and for a while now have been listening to a couple of there podcast shows and eventually visited the website along with creating a profile but a little unsure of how to introduce myself i tought this would be a good opportunity to introduce myself to the community while at the same time connecting potential seller, buyers and everything in between while potentially allowing me to learn from as much as i could from this connection and future connections.

I would like to know how to get the contracts for wholesaling???

California and Phoenix are super hot seller's markets right now... there's simply too much competition from other buyers looking to live in the home and willing to pay market price.

Real life example: $18,435 debt service (includes mortgage, taxes, ins) and $32,355 net operating income would leave a DCR of 1.75 Cap Rate is Net Operating Income divided by Purchase PriceCap Rate can be great for looking at larger multifamily buildings with sophisticated buyers/brokers.

I would try to get this lower than $217k IF and ONLY IF you have the backside systems in place to close the deal properly and are prepared to purchase the property should you not find a buyer.