I am looking to purchase a house partially located in a floodway. Insurance on this would be about $45 a month. Would this be a bad idea?
I have about 350.00 I can spend a month on marketing, I have read recent blog post so I have an idea who to market to. I'm interested in hearing where is the best place to find a mailing list..? How much should I expe...
New to Biggerpockets, but it looks like a great website. I need some advice. I have a property under contract to purchase in Florida (ie, equitable title). I have a buyer that is interesting in purchasing the home....
Hey Guys,I'm under contract to buy a house for $143k via subject to. I will then immediately list it on the MLS and resell to an owner occupant for $175k (conventional or cash only). I give my closing agent the green ...
Hello all,I'm a recent FL transplant and one of my lists I send DM to is the tax delinquent list. I'm looking to sort the list so it only contains SFR/ multi unit homes. Can anyone advise me in this process?Thank you ...
We've seen the market for distressed houses in our city change a lot in the last year. Prices are up 30-50% where we buy, including zip codes 78210, 78201, 78214, 78207 and 78212. The median price we are paying for ou...
I've found a property for 60k that needs @10k in rehab. The ARV should be @95k. If I try to flip this in less than six months will conventional lenders write a mortgage for the new buyer or does the seasoning rule not...
Hello, I've heard and read some posts about asking realtors to pull up comps when you know you're not going to use them etc. This is unethical and I would agree. Treat others how you would want to be treated, but he...
let's say I have a motivated seller selling a house with an ARV of 176k. It needs $0 in rehab. The formula would say to offer $118,200 at 70% and a $5,000 wholesale fee.I would resell it for $123,200 to a someone who ...
Here are the terms that I'm interested in putting an all cash offer:
Bank of America Home Loans prequalification required on all offers. Please allow 2-3 days for seller response. Financed offers must have BAC pre-qu...