James Baldwin
How to wholesale this deal?
Hey all, newbie here,this one got me a bit stumbled. To keep it short:The owner wants to sell his home. He owes no mortgage. The property is listed with agent for 150k. He isn't interested in owner finance(as of yet)....
Keith W.
[Calc Review] Help me analyze this deal
We are trying to wrap our heads around this report. My hard money lender is giving us a 12% and 2 points loan. We expect to hold the money for max 8 months. Where is the total interest paid reflected in this report? T...
Freddie Wilkerson
Assigning contracts
Hello BP,I am new to BP and also just scratching the surface of wholesaling. I've read a few books on wholesaling however, NONE actually take you through step by step process of assigning a contract. My question is.....
Todd Harvey
How is DTI measured when you spent a lot on improvements?
I'm hoping to be able to either get a cash withdraw refinance or a HELOC so I can buy another building, but I have crappy DTI ratio if all my improvements are held against me.I just spent ~70k in improvements for my 4...
Fran Arti
My first forecasting for a MF property
Hi!
Im practicing underwriting multifamily deals and came up with this excel. I know there people selling models but I would like to understand the process and think that doing it myself will help me very much.
As...
Miya Jones El
Confused Baby Investor
Greetings Bigger Pockets tribe. I recently picked up David Greene's BRRRR book, started reading and am a little confused 🙏🏾😊. I was hoping someone could clarify something for me.In his explanation of how to calculate...
Nicholas Tanner
Trying to Expand My Real Estate Knowledge
Hey, so I am brand new and have never even contacted a seller before to purchase a house. I was wondering if there was a specific strategy that best fits people just starting, like me. Is it better to buy a recently f...
Chloe Bowman
What is your target investment price bracket?
I am wondering if you all have a price range in which you try to target for buying investment properties. Would you say there is a dollar amount that you try stay under for each property? I know this is highly depende...
Brian Brown
Using the 70% rule on fix/flip.
Looking for a little clarity on the 70% rule when flipping. Everything I've read or watched about yet subject states buying at 70% below ARV then subtracting rehab cost equals your purchase price. Others state the sam...
Account Closed
Good %profit in westchester/ NYC
Hi everyone, My question today is for all of the real estate investors in the westchester county and New York City area of New York. My question is what is the general %profit when rehabbing or wholesaling in these ar...