Hey everyone, my name is Lee i'm new here. I am looking to buy my first property which is a foreclosed 1235sq ft corner row home and total rehab. The asking price is $3,000. The property is in a low income community. ...
Looking to wholesale a property after originally deciding to flip the property because my retail buyer backed out. Here's the deal:Purchase Price: $300kRepairs: $10kARV: $370kWholesaler Fee: $10kWould an investor wan...
Has anyone gone for financing post 4/1? I just went for a pre-qual letter from one of my lenders and he said he was getting quotes at 6.5% for a 30 year conventional earlier in the day for another client and he could...
Good morning BP communityWe've run into a situation with a purchase. The appraisal came in low. The seller said he will come down to that appraisal price but will no longer cover his agreed upon portion of the closi...
Hi Guysany thoughts about low investment( 50k) high cash flow properties?whats the long term issues if someone faced?thanksAbhishek
Hi there! I'm still in the "information gathering" phase of the deal, but I've spent the last few days educating myself on hard money loans, the costs associated with them, and the problems that people experience in g...
What the crazy year 2021 was in the real estate market. Despite continued pandemic disruptions, the Santa Cruz County real estate market thrived. The median home price, for the first time, averaged over $1MM. In fact,...
https://www.biggerpockets.com/blogs/8070/53186-dont-delay-be-offensive-todaySee my new blog post about low-ball offers, and how not even the SELLERS always know when they are about to accept an offer. Don't be afrai...
Cap rates are low in my area. Too many people moving here needing homes. I can’t compete with people wanting to live here. They are willing to pay more. Would you look into building rentals instead or try a differen...
I'd love your input and help on this BRRRR analysis. I've used to BP calculator several times, but am still not sure if I am doing it correctly. 2 bed/ 2 ba (however extra "den" can be converted into another bedroom)A...