I have a house that I put in a cash offer in on for 60k. It's a short sale and they countered at 65k. The house is in a solid B area. It needs a little bit of work no more than 10 K to get it looking great. The houses...
Hi all,I have been getting ready to establish and LLC for my properties. I am curious about 2 options. Do I get 1 LLC and put all 4 properties under it and pull out a 3M umbrella policy or do I do 1 LLC per property a...
New investor here and excited to be on bigger pockets!So I made an offer on a property (los angeles area) and the seller basically came back asking that the inspection contingency be waived as he is worried about me c...
During my research in preparation for bidding on a HUD home, I read several articles and forum posts from bidders expressing suspicion about the process. They described odd occurrences such as being told they were th...
Hello,
So the inspection report came back with these red flags, the offer for the house was 300k, then i asked for 25k reduction and they take care of all the hazardous stuff but they said IT ok for 25k but you take ...
Hi guys -I got a property from an auction.We nominated an agent on the buy side, and she gets 3%. However, the auction closing company really took care of all of it - except for the Certificate of Occupancy that she g...
Tricky Question, hopefully you would be able to help me out here.I am putting a "counter offer" tomorrow for Highest and Best offer on an REO Single Family. This is my FIRST DEAL if it goes thru (fingers crossed!). N...
I just started learning about wholesaling maybe 3 weeks ago. I studied it like crazy and finally felt confident to put a direct mail campaign together. I found addresses of tax delinquencies in the area and mailed my ...
Hello! I just put in my first offer and now I'm scared, lol. Mow Im thinking I didn't analyze the numbers correctly. My question is did I miss putting closing costs and real estate agent fees into the BP calculator...
I found a nice cheap place relative to comps in the area, but it needs a lot of work (maybe $50,000). It's been on the market for one month and the bank has already lowered it's price. Now if I fix it up it's still ...