Erica Burton
Wholesale Investor in Woodland Hills, CA
Hi,My name is Erica and I'm a newbie wholesale investor out of southern California. I am a former flight attendant and became a licensed realtor over 10 years ago. At the start of my practice the market crashed and at...
Irfan Saeed
Property size is smaller than the tax role-assignment of contract
Hello All - Would be very thankful if someone can respond to thisI am buying a property from wholesaler. Upon appraisal the property was found to be 150 less than the tax roll. This will eat up most of my profit. I ha...
Jillian Kemmerer
Do I just go for it?
Hello everyone! This is my first original post- though reading and commenting has been fun!
Over the last week, an unexpected deal has fallen in my lap! It’s a cute place, with probably about 30k worth of work to d...
Joseph Micheal
Financing Illegal Duplex
Hi All!I am looking into purchasing an illegally zoned property (currently used as MFH and zoned as SFH). I spoke with a loan officer who had some concerns that the discrepancy in zoning may derail the deal and leave...
West Kite
be property manager
I am planning to manage my own property using knowledge learned from BiggerPockets.What is the process to let the current property manager/company know when the current contract ends in a couple of months?basically, t...
Account Closed
DTI/number/lender confusion.
Hi,
House cost = $59,000, but with repairs the total cost came to $82,000. [I put roughly $8,000 down = I owe $74,000 on the mortgage (30 year fixed)]
My house was appraised at $150,000 before repairs. ...
Shak F.
Recommendations on renovation
Hello Charlotte BPs,I am new to investing and upgrading properties. I recently acquired a class B single family property it came with tenants. They will move out in mid April. It's okay condition for me to live there,...
Bryce Fairburn
Beginner deal analysis
Hey BP folksAs I am still very new to this, and have a level of nervousness attached to this deal, I am looking for some thoughts and feedback. The property: 2bed 1 bath, 5acre. Detached 2 car garage. Age 10 years ...
Akeem Ogle
Successfully Solving NIGHTMARE Title Issues
Hi Bigger Pockets Members,I wanted to take a minute to recount an experience I had with a recent wholesale property. I hope that this can help someone who may be struggling with the same type of situation. I'm aware t...
Deadrick Colbert
Appraisal came back the exact same amount as my asking price
I'm in the process of purchasing a hud home. I thought I was getting a great deal, however the appraisal came back the exact same amount as my offer. The house sold in 2010 for 41k higher than what I offered and it is...