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Results (3373)
Michael Slockers Modifying the 70% ARV formula to capture more contracts? Yes or no?
17 June 2015 | 16 replies

I understand how and why to use a standard formula of 70% ARV - repairs - my wholesale profit when making an offer to a motivated seller.However, I have some buyers who seem less interested in getting a great deal (30...

Julia Rockwell I did it! I bought my first investment property! :D
17 May 2019 | 28 replies

Investment Info:

Single-family residence buy & hold investment in Durham.

Purchase price: $185,000

Cash invested: $3,000

This is a buy & hold "house hack" that I will be living in while also ...

Ben Sears Review My Property Portfolio for Lenders
30 June 2019 | 19 replies

I'm soliciting some feedback on a property portfolio that I'm putting together for potential lenders. I'll have one of these for each property that we've completed as well as a cover page detailing our company's finan...

Christian Arellano Assigning a Lease Purchase Agreement
21 February 2010 | 9 replies

hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.

Step One: Find a motivated seller
S...

Joshua Dorkin The End of the BiggerPockets 'Influence' System
11 December 2012 | 45 replies

A little over 3 years ago, we initiated a system on the site called 'influence'. This
Influence System was designed to reward those users who engage and give back to BiggerPockets.

At first, the system was lauded al...

Sarah Buchanan Screening Tenants: Gross vs Net Income?
14 January 2023 | 52 replies

I have a married couple prospective tenants that look ideal; credit scores above 800, previous homeowners, etc. Rent is $2400/mo so I require $7200/mo income.  Husband is currently unemployed (due to COVID) and wife m...

Quentin Forbes Wrapping FHA Loans allowed or not allowed
30 July 2017 | 35 replies

Hello Bp,

Question, are title agents allowed to wrap FHA loans?

I came across a property that is in pre foreclosure status and seller is looking to sell. I want to wholesale it but not sure if a title agent can wrap...

Stephen McKee Stupid SoCal Misconceptions
20 May 2009 | 23 replies

I have lived in the Inland Empire my whole life. It has gone through 3 Major booms and busts. Every time there is an insane amount of inventory compared to every where else in SoCal. Currently we are in the best buyer...

Roy K. 1st Wholesale Deal - NEED Answer ASAP
2 February 2014 | 36 replies

I have my 1st wholesale deal, and the buyer and seller don't know that I'm wholesaling it. Buyer knows there's an assignment fee, just doesn't know who it is.

I convinced the Title company to include the fee ...

Nick Coons Flipping with an Investor
13 January 2023 | 17 replies

I'm looking at increasing my deal volume by bringing in an outside investor for house flipping. The target would narrowly be SFHs needing cosmetic repairs (i.e. flooring and paint), can be rehabbed in less than one mo...