Jeff Filali
Purchased 3 more properties this week to rehab...BUSINESS IS GOOD
Business is going well already in February. Purchased 3 more SFR's this week to rehab and put back on the market in March. Deal 1: ARV $70,000 Needed Repairs: $10,000 Purchase Price: $38,000Deal 2: ARV $60,000 N...
Shilpa P.
Landlord/ Tenant dispute
Hello, I need your help or pointers to move in the right direction. My tenant is moving out and couple of relatively major issues have been noted. 1) lot of condensation on one window which the tenant has never disclo...
Luka Milicevic
Renting between the months of Nov-Feb
Hi BP,I recently heard on one of the podcasts that it's very difficult to rent out a house between the months of November through February. I've never been in a position to rent out a property during these months, and...
Ericka G.
The Rates Are Rising?!
Hey all,Put an offer on a triplex near the airport today and got a nasty surprise when I called to get my pre-qualification letter. I've been focused on cash only purchases the past 2 years so I had no idea how much ...
Joe Finnegan
What am I missing?
I've looked at about 30 REO's and short sale homes in modest close-in DC suburbs. Homes in these neighborhoods are going in the $200k - $300k range. Not only have I not found anything where the numbers work (rental ...
John Ratigan
Does this flip make sense? Numbers inside. Thanks!
Hi guys, Assuming most points and highest rates: (Hard money lender offers 2-4 origination and 11-14% interest annualized. I'm assuming 4 points and 14 % rate)Purchase price = 210k This particular lender requires I pa...
Justin Howe
How to Structure and Propose Lease Option to Seller
Hello BP,I found a seller who wants to sell her home because she's having a difficult time maintaining the property by herself and making the mortgage payment. She's owned the house for 10+ years and has equity. When ...
Magesh R.
Buying from a wholesaler with an almost 100% assignment fee
The wholesaler is charging ~40k as assignment fee for the property. This is almost 100% of the contracted sales price(40k). The property is worth more like 120k and with some rehab (25k) can go up to 145k so it still ...
Lawrence Cox III
Should I keep, sell, refinance, or make extra payments?
Hello everyone,I will try and be brief.I am in the East Houston, TX area. I am 4 years into a fixed 30 year mortgage. I have a 5.875% APR with $107,500.00 left to pay. Original loan amount was 115k. Appraisal shoul...
Kimberly Lowe
First wholesale deal
Hello everyone! I am brand new to Bigger Pockets and to real estate investing. In fact, my husband I may put our first contract on a home today with an offer well below the value in hopes of transferring the contract ...