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I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to ...
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Bigger Pockets, how are wholesalers like myself able to wholesale a short sale. I have a deal that I am working where I reached out to a owner through direct mail they loved my offer which is a really smoking deal ...
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Hello BiggerPockets Experts!I have just put a SFH under contract. The owners are brother and sister and they inherited the paid-off home from a parent that just passed away. The sister is currently living in the pro...
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Hi everyone, I have quite a bit of equity in a single family home, and ideally I'd like to 1031 exchange it into a commercial real estate purchase. However I don't want to be pressured into finding a deal within 45 da...
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I have a fix and flip completed and sold today but I am not sure how to calculate the actual profit. The cost of the house was 210k I borrowed 34k for the rehab. I would use my own money then the lender would fund it ...
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Just wanted to share some success...just got a full price offer on one of our rehabs.
My purchase price: $148,900
Rehab: $29,000
Carrying/Origination: $7,945
Real Estate Commissions: $11,445
Total investment: $197...
Okay... so I've been looking for investor friendly title companies in ATL and I learned that Georgia uses attorneys for closings instead of title companies. So my question is who handles clearance/research of title an...
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Ok, so I found all the information that I was lookng for at the recorders office. One thing I am noticing is that almost all of the people that have a Notice of Default on their trust deed owe more than their house i...
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I bought a 5 B/R house in Jacksonville, Florida last Wednesday. The house had a fire & been sitting there since then, (mid 2019). There are 2 years property taxes owed. All of a sudden; within days of her signing ...
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Hi BPI am future planning.I kinda know about 1031 exchange but never done one, b.c #1 timing and #2 not cost effective at the time------I bought a duplex that has 2 separate deeds, I am currently rehabbing and hopeful...