Alex Locklear
Using agent under option..
I have a couple of houses under option that I'm trying to "wholesale" to retail buyers. There is enough of a spread that I will still make a good profit after paying a buyer's agent.
I want to know: is it legal to us...
Randy Smith
BRRRR Turns Into Tear Down
I’m a REI living in AZ that focuses on BRRRR in Atlanta. I recently purchased a property and ignored the advice of the inspector that suggested a structural engineer (long story). Now I’ve found out I need to scrape t...
Rhett Miller
Continue to rent out or sell
I have a house that I lived in for 10 years. Over the past year we built a house, moved and started renting out the old house. Currently cash flow is $200/ mo. I’m currently looking into a refinance that would increas...
Danny Jimenez
Buying Rentals Out Of State Without Turnkey Companies
Hello Everyone!My S/O and I are currently exploring the option of investing out of state for rental properties and would like to do it on our own(by this I mean no turnkey companies).
Just for some context, We live i...
Hudson Walker
How does funding$$ work?
Question I have regarding the transaction and use of funding. I’m looking to buy distressed single family properties, fix and/or buy hold or sell. Most of theses homes banks will not fund due to the work they need. So...
Jordan Archer
Is it dangerous to whole sale using subject-to when the lien has an adjustable rate?
Hey BP,I will be acquiring houses using subject-to financing. I will sell the house using a wrap mortgage to buyers with bad credit. I want to know if it's dangerous to acquire the houses sub-to when the lien on the p...
Rick Albert
To be Clear: There are two Reasons your Property isn't Selling
Hello All,I'm seeing posts asking why their property hasn't sold or rented. There are ALWAYS two reasons why a property hasn't moved.1. The first is the price. You are priced high and need to lower it. You can't make ...
Blaine Cox
Can someone “dumb down” this hard money scenario??
Newbie here looking at a great property but haven’t really caught on to how hard money really works. I get it’s a higher interest rate as well as 2-4 points but if I give an example of a property I’m looking at can so...
Jeff G.
Approved development not looking profitable - Ideas?
Hi all - Our residential development plan has had a "budget bust", so I'm looking for other alternatives. Here's the story:Background: Since the early 80's my family has owned 8.5 acres with our SFH on it in a good lo...
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Mold
Has anyone here ever done mold remediation. I am thinking of purchasing a property from the bank. There is a lot of mold problems with the home, however the bank is willing to pay for the repair. Is there a tricky ...