Hey everybody, In my area there seem to be condos that will pop up which could possibly make good cash flowing rentals. They tend to run anywhere from $100-150K per condo. My problem is, they tend to get swept up befo...
After learning about wholesaling real estate, just confused why so much negativity towards wholesalers if it's legal, especially by agents and cash buyers ? But I'm still interested in getting started no matter how fo...
I found an AMAZING house with amazing views and 4 units, but the rents in the area are too low. On the bad side of town, similar units go for up to $1700. The house is in the best part of the area. Great quiet tree li...
Hello to the BP community! In the past year I’ve read a number of BP books and have learned a lot from the forums. I just took the plunge on the Pro membership and have been analyzing deals with the various calculator...
hOW DO YOU CALCULATE A HARD MONEY LOAN USING A CALCULATOR? iN OTHER WORDS CAN SOMEONE GIVE AN EXAMPLE OF A SITUATION THAT THEY NEEDED HARD MONEY AND SHOW US THE MATH. THANKS IN ADVANCE.
Hey BP Friends,I recently closed on a very interesting wholesale involving a rental property and wanted to share my success story!The property: A duplex located in Gloucester City NJ. The property was older and had de...
We wrapped up closing 3 days ago on an apartment we where selling, and today we learned the buyers closed on Wednesday as well, but they have not recorded, and the buyers' attorney is holding money because the buyers ...
Not here to evaluate the deal, but to evaluate a stipulation that the seller has.The numbers of the deal works out to $100 per door on a duplex using seller financing on a free and clear property.However, during the n...
Hello All,I am in a situation where I am in escrow and the loan was denied by the lending company. I made a deposit of 15.5K. I haven't signed to remove any of my contingencies on the contract such as, appraisal, insp...
Investment and commercial properties have different loan requirements than residential properties.
A higher down-payment is required. The minimum is 25%. This is the first key difference.
The reason for this: banks...