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In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...
Hello Bigger Pockets!
I'm looking for a bit of advice. I have a friend who d/t medical issues is simply trying to get out of his mortgage. Basically what it comes down to is we want the mortgage to be transferred t...
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Breaking this down simply, I got a duplex property at a pretty decent discount (~76% ARV). This property is in a great neighborhood, needs minor repairs and updating ($10k), the seller just wanted to sell and be done ...
Do long term or short term gain affect your tax bracket. If you want to know what your going to pay in short term gains you need to know your tax bracket, but since short term is ordinary income, doesn't that change ...
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As a hard money lender wannabe I'm trying to figure out what formula to use in determining loan amount.
I'm thinking: the lessor of 65% ARV or 80% of purchase price. Is this too restrictive? Should it be 65% ARV on...
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The city has a large pool of renters and a low cost of entry. I does anyone have any experience in the area?
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How big was the math section on your exam? Are there any ways to make the math seem easier? Or do you generally have to be good at math to pass this thing? I can memorize terms and definitions all day long but when it...
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Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
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How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
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I went to make my house payment on subject to house that I have owner financed and the bank (BOA) would not take my payment. Due to being the weekend I could not talk to customer service but I checked with automate...