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Question if you get deal should you tell the seller that your a wholesaler or don't tell if they don't asks? Because I hear a lot that seller don't like to deal with wholesaler..
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I'm looking into getting a realtor license in the next few months and I wondering who a good hands on broker would be to help with training and what not. Back story: getting ready to work 2 jobs to make bills but I've...
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Question:What happened to your mortgage / loan when you finally get the house, and how is it related to the federal funds effective rate? my very base level understanding is that your mortgage lender sells the loan an...
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I have question this in my mind, this question if for the Portfolio/HML lender out there. We know PL (Portfolio Lender) doesn't sell your mortgage securities to FM, but you may sell to other private parties, like hedg...
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Hi my name is Kyle Mack and my wife and i recently moved into a new house for $40k under market. Well a few months back a comparable house just down the street sold for $135k more than we bought ours for. So when we h...
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Hello I am 21 years old and I have been researching and building my financial literacy for about a month and I am a finance major. I am currently building my funds while trying to learn as much as I can so I’m prepare...
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Hello Bigger Pockets!
I just want to take a moment and say what a great resource Bigger Pockets is! From the educational aspects for newbies, such as myself, to the willingness of members to share their information ...
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Hello everyone, I'm a wholesaler/investor in the Cleveland area. My plan is to wholesale/rehab, invest the proceeds into small multifamily and eventually work my way into apartments. I've already learned a lot from BP...
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If I don't have a job income but have income from my rental homes. Would I still be able to do taxes? Or would I have to get a business ID in order to claim taxes if I want to do rentals full time and not work anymore...
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Situation
Bought a house with my brother 6/15/2018 for $273k on 15yr mortgage. ($265k + closing costs of $8k.) We each put down $25k cash.We each paid in $500/mo. Payments from renters covered the rest of the mortgag...