Terence Stamp
States that allow self closing
I am trying to research which states allow a self close. The specific niche I am investigating is vacant land. I came across two websites which tackle the topic, but they provide more detail than perhaps is necessary....
Santiago Acevedo
ARV - What Percantage
Hey everyone, I'm a wholesaler in search of my first deal but have been having issues with how to properly run my numbers in this market. I'm located in Fort Worth, TX and searching in all of DFW area. I know the stan...
Alex Vere Nicoll
Let's Talk Colorado - When and Where to Get in the Market
I currently live in Denver, CO and have considered investing in a condo or small house as close to the city center as I can afford. The market seems to have cooled off VERY slightly in the last couple months, but in g...
Julia Shevchenko
Wholesaling REOs in Milwaukee
Hi BP community. A group of investors and I have come to realize that there is an opportunity in Milwaukee to buy properties that are REOs as well as from the city. Option A: build a team and rehab from out of state, ...
Don Colagrossi
Enough meat on the bones?
Waiting for a response from a seller. (Inherited it with 3 siblings ). Assuming that he takes my offer, I am curious if a wholesaler would be interested. I am paying $145k. $45k rehab. ARV $235K. I am a newbi...
Jared MontBlanc
Does the 70% rule in buy apply to more expensive properties?
The BP folks are saying 70% for a deal after repairs, but at the higher end, does this math still hold? Knocking off such a large amount of cash seems almost unrealistic, but I believe the guidance comes from the fact...
Samir Ali
Reputable turnkey provider (MemphisInvest)- thoughts on roi
Hey BP,Been working with MI/REI Nation as the general bp consensus seems to be that they are a reputable and well managed/respected turnkey provider. I’m looking at some pro formas they’ve provided and running my own ...
Quinn Lamb
Only qualified for 5/1 ARM Loan?
I'm buying two multifamily duplexes that are situated on one parcel. Since they are on one parcel they do not qualify for any Fannie or Freddie conventional fixed loans (or so I've been told). Two banks are telling ...
Bo Huang
Wholesale Formula for SoCal?
Hey BP,I have a question on the wholesale formula: ARV x (%) - repair - assignmentWhat formula % do you use for wholesale calculations in SoCal, especially in San Bernardino/Riverside area and Orange County area? I fe...
Jegan Basha
Investing in apartments/condos in bigger city
Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors sti...