If my asking price of 50%-70% of the ARV does not cover the sellers loan then the deal is essentially eliminated correct??

I am an experienced landlord with conventional SFR's in my area heading out for my first HUD foreclosure walk through.  Offers due by midnight tonight, sold "as-is".   I have read the rule of offering 70% of the ARV m...

Oklahoma Proposes Legislation Against Wholesaling!

This passed the sub-committee unanimously by 7-0 vote, and now would move on to be voted on.

Oklahoma HB 3104
This act shall be known and may be cited as the ...

Hey everyone, I keep running into a problem, which is getting leads where the home owner is underwater. Example: I got a call today about potentially buying a home with an absentee owner. She said her tenants lease is...

Hello BP community, Need some advice on a property I have under contract. I discovered during the due diligence that here are 2 breaks in the sewer line. The cost is $7,500 to fix. However, the seller claims there is ...

Hello everyone!  My husband and I are total newbies, but eager to get started on our real estate investing journey.  We came across a multifamily property near a large hospital near where we live in Winston Salem.  It...

I'm a newbie wholesaler and I believe I've found a possible deal but before I sign the actual contract offer I want to know if I'm doing this deal correctly.I'm working with a realtor to get an REO condo property unde...

I am curious what the community here thinks of this deal, and if I made the right decision. My plan is to start off with some solid and reliable rental properties, and eventually scale out to multiple short-term renta...

Hey all,I am curious to get some feedback regarding contingencies used when BP members are making offers for property.What contingencies do you use and why?  Does it change based on your strategy (Buy and Hold or pure...

I have a motivated seller that wants to sell his tenant occupied  home. I have a bit of a problem. I spoke with the seller and got information about the house that is different from what I found in public records. The...