I am beginning to wholesale in my area and I am unsure on something I thought about concerning the assignment of a contract. Here's an example I was thinking about:1. Wholesaler finds property with an ARV of $140k2. E...
I normally wholesale in Memphis, TN but I've come across a rental that I'd like to own. The property is currently rented for $660/mo, I can buy it for $22,000. It definitely needs some updating and the market rents ...
Hi all, new to the BP community with my first post here.
I’ve done a lot of research on hard money loans lately. I’m looking to buy my first rehab for rental. I’m curious if one can buy property at an auction with ha...
Each time I buy a home my credit score takes a hit. I'm trying to brainstorm ways to do minimal damage to my credit while still borrowing for more homes and increasing my debt load. What do you do ? Or do you just hav...
I am looking at purchasing a 12 unit apartment complex for about 250k. 10/12 units are occupied and the units rent for like $450/month. Was curious what the average interest rate would be for this sort of deal. And wh...
Am I able to purchase a home from an owner while it is in pre-foreclosure or is it already too late at that point. If not how would I go about it.
I've never flipped a cash flow deal to another investor because it has always seemed to me to be an unnecessary extra step. But I'm wondering if it might be an option when dealing with sellers who are less motivated t...
I've got an existing wrap mortgage that the bank is calling due. They are deciding to exit that side of lending. Since being notified, I've talked to over a dozen local banks and they have all stated that they don't...
I'm sure everyone has heard the news over the last 6 months that the Austin real estate market (and many others around the country) has been extraordinarily hot.
Stories of sellers getting 50 offers on the day they l...
House was severely fire damaged and subsequently deemed uninhabitable and demo'd by the city along with the solar panels. In addition, the lessee of record is deceased. Death certificate was already sent some time bac...