Aaron Freeman
Questions about Offers/Contracts
Embarrassing question time!I am embarrassed to say I have purchased 3 primary residences in my life, and don't have a clue how my agent handled offers. 1) When reading about the BRRRR strategy it seems that it's com...
Hector Serna
My first possible deal
Hey guys, so this deal just came into the market. A single family home, 3 bedroom, 1 bath, built in 1959. The home is a short sale listed at 180k. Upon submitting an offer, they responded by saying they’re not negotia...
Brady Hanna
Real Estate Professional Tax Status ?'s
Hi all, I appreciate your help in advance on this extremely complicated topic.
My wife and I are trying to find out what exact details will count towards the 750 hours of "materially participating" in real es...
Anthoy James
How to compete with competition offering bogus offers to prospects?
So I've noticed when I get calls from my mailings a lot of times I will meet with a seller and offer them something that is good for me to buy as a rehabber. (Like $240k for a property with an ARV of $400k) The sel...
Jonathan Jewell
Making the offer. PART 2 I'm now under contract! but problem...
Hello fellow BP'ers Original post was how should I make the offer which is here. https://www.biggerpockets.com/forums/432/topics/47...<<<PART 2>>>I now have this multi-family under contract!!!, b...
Kelvin J.
Loan strategy problem. Which option sets me up for more deals?
Hi all.I just sold my condo and am aiming to buy 4 rental properties in the next 12 months using the proceeds. My problem is my DTI as my pay is pretty horrible, and I'm struggling to see a way through. I don't have e...
Ryan Murdock
1850's 4-unit BRRRR - Who says you can't find deals on MLS??
This 1850's era 4-unit popped up on MLS one morning last winter for $80k. It wasn't a foreclosure but could have passed for one - vacant for years, no heating system, everything banged up.Within 2 hours of it being li...
Tim Johnson
Private money lending to "secondary circle"
Morning all,I am thinking about lending on a private money opportunity in the Tulsa, OK area. The investor has already purchased the home, done a few months of work on it, and needs money to finish rehabbing - asking ...
Account Closed
Is a 2 year lease worth a $200/month rent deduction?
Hello, all.
The house is listed at 2,175, but I want to ask the landlord for a monthly rent of 1,975, in exchange for a 2 year lease with a buy-out option. Is this too much to ask?
I have an excellent cr...
Leon Duncan
Can you wholesale a short sale
can you wholesale a short sale, property? The owner wants to quit claim it over to me. To make it easy does that help anything?