Luis Serrano
A mobile home fell in my lap (virtual wholesale) 🤔should I?
As I was wholesaling a virtual deal under contract, a gentleman came and asked if I did rent to own. As I build report, he was living in a mobile home behind his parents house and wanted to move but didn’t have any mo...
Sondra Lovett
Holding LLC / Legal & Tax Advice Needed
Novice investor - currently have one SFR purchased by a multi-member LLC in GA. Under contract for a triplex in SC and considering setting up an in-state LLC or registering current LLC as a foreign LLC. Wondering if i...
Cha Yang
Brrrr friendly lender
Hey BP, anyone have any referrals for a Brrrr friendly lenders? I have a lender that will do 75% LTV with no rental or title seasoning required but the catch is it's a NO-cash out refi. You can see that this creates a...
David Edelstein
Reverse 1031 Funding Question
Here is the hypothetical scenario. The exchanger owns a property that is worth $1.4m with a $300k mortgage. Upon sale of the property the exchanger walks away with $1m. The goal is to perform a reverse 1031 exchange. ...
Kim Hopkins
How To Write LOI that Holds Seller to Cap Rate
Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...
Kin Meng Sio
Newbie way to find out what out-of-state market to invest in
Hi all, just joined Bigger Pockets and I'm excited to connect with all of you! I'm working in the tech industry in Seattle and I'm trying to start doing out-of-state BRRRR, as Seattle is too expensive to start with.Th...
Zoran M.
Multifamily Ground-up Development - Diary of a New Build
TLDR: Follow along as my partners and I build a 117-unit, 4-story multifamily community for $22 million in Cleveland, Ohio. The commercial real estate industry has no shortage of mentors, especially those who sell the...
Sean Dezoysa
Seller raises the price on you while you're driving over--how to react?
Of of the wholesalers in my mastermind group agreed to a price on an apartment building and started driving over to see the apartment. Midway during the drive the seller called and told him he couldn't let it go fo...
Dave Knott
Help with wholesaling paperwork
Hey BP I am beginning my journey into wholesaling and have a few houses that I want to put under contract, but I need some advice and I have a few questions before I do so.
1. For these wholesale deals the location w...
Chad B.
I got my a$$ kicked yesterday in Columbus, Ohio
Yesterday I was feeling as good as it gets after running the numbers on a SFH and proudly putting in an offer on a house at full asking price with conventional financing; pre-approval letter in hand and a nice letter ...