Needing some feedback from you guys. I am new. In TX. Learning the wholesaling side of things right now in order to replace my current income with hopes to build wealth long term with other forms of RE investing. I ha...
So my family owns this house next to my mothers. It’s my dads grandma house he pays property taxes on it every year, it’s vacant. Him and his brother has had a few fall outs over the house because neither agree to com...
Hello Bp!Can someone please help me to understand the lending process.Can investors use a gift from a family member for a down payment?In what circumstances will a bank lend to a LLC? I have had lenders state that the...
Hey guys, my name is Will. I have just recently moved to Mississippi and I'd really like to get into wholesaling, but I'm stuck. I have been reading up on ideas of how to find buyers and sellers and the former is prov...
I understand a good cap rate to be 5-8% but all this depends on cash or financed investment. For example.. I can buy a multifamily unit that has a cap of 8.5% If I pay cash. So what is acceptable for financed? If I ca...
Okay,my 20 year old son found a cute little home in pueblo. They were asking $34,900. He put in an offer for $30,000 cash. They accepted it contingent on closing Sept 15 rather than Sept 30. We received the disclo...
I have access to MLS reo listings. I know you can't assign REO contracts but I'm confused about double closings.
I have a LLC set up and can sign the contract under the LLC but people say I have to sell my LLC. What ...
Hi everyone,
I am about to finalize a contract for a 2000 sq ft duplex with a 2 bed/1 bath and a 3 bed/1 bath unit. However, after a quick tour, my agent informed me that neither unit has central AC or a washer and d...
I wrote and offer on a REO property. Banks says there were multiple offers, send your Highest and Best. I did....and my offer was accepted. Problem is...they finally sent the ratified contract and it's for the amou...
Sorry guys, had to resort to asking some rather simple questions about HUDHomestore since I spent several hours online with no luck. The first thing is the listing period for investors, the website says it goes into ...