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Chronology of my first property purchase.
November 2023 – Preapproved for 250k. Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals d...
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I'm making a very solid income at the age of 21 - about $6k/month with about $1500/mo expenses - by the time I'm 25 I'll be bringing in about $10k/month from my business - maybe more, but I estimate conservatively.
...
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Purchase price is $25,000
Rehab and holding costs: $10,000
Sell Price is $50,000
Time elapsed from buying to selling: 90 days
If investor is loaning all $35,000 -- what is the reasonable / a...
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I closed on my first flip last month and wanted to share my experience so far. Quick background about me, I'm a sales manager at a Honda dealership and have completed one wholesale deal earlier this year.Location: For...
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Hi all,
My first post, just joined so grateful for any guidance/help.
We put in an offer on an REO property. Purchase as is. Accepted at 55k. Cash purchase. Just found out that the bank actually paid 98k at auction. ...
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Hi All,
I Track all Foreclosures in the Greater Los Angeles and Orange County areas. Not Pre-Foreclosures but the properties actually going to sale.
I do not sell my system I...
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hello all, i have been hanging out and learning tons on Bigger Pockets for a while and thought i had better formally introduce myself. I live in a small community west of Asheville NC. I having been practicing medi...
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I'm a fairly new wholesaler but I've been blessed to meet some good investors who havent been shy about sharing their knowledge and tips with me. I think I find good deals and I"m constantly learning new ways to aqu...
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I noticed on Zillow that there were homes that were in decent condition from 100 to 200 range that could rent for 1100 to 1200 in Colombia/Lexington SC. These are hard to find these days.
I would love to meet a re...
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Hi all,
My wife and I are helping her sister to buy a condo so she'll have a place to live when she gets married, which is coming right up. However, she has no established credit, so the loan will go under our names...