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We just put an offer in on a Fannie Mae home. After some negotiating, they accepted our offer, and we signed the contract and put 2500$ earnest money down. We are now getting cold feet and not sure if we've made the r...
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Hello all,I've been looking at this fourplex that has an out of state owner and looks distressed. Looking at the deed I came across a couple of interesting things unpaid taxes etc. I also came across a portion where a...
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My parents have recently inherited a tenant in a tri-plex in which the previous owner/landlord SPENT the security deposit (obviously illegal- lots more shady business in this deal gone bad). My question is- how do my ...
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Hello all, I've spent time reading old posts on this issue but could use some clarifying.We are new to wholesaling and have been working with an agent to look at some properties. Now that we are in the make an offer s...
So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...
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Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
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I just purchased my first property in Colorado 30 days ago. It is a Triplex with existing leases. I am looking to Terminate one of the leases in 30 days and move into the unit. I just received rent for the September, ...
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Hi BPers, I am looking at buying another property as the owner occupant. Our exit strategy would be to move out and rent it out in about 3 years. Due to various personal circumstances, a condo will likely be our best ...
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I found an interesting property, which is a 4 unit multiplex. I contacted the agent and requested some information about the property. She mentioned that the place is currently fully rented out, which in my head, is a...
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Hi, I am on the verge of a new marketing plan that will cost about 25k for 6 months. It is primarily direct mail. My question would be how would you use the 25k in order to scale your wholesaling business quickly?