Malico Watson
How do I secure a line of credit for new construction
I am a real estate broker in Florida and in Wisconsin and I own a construction company in Wisconsin and I am interested in building new homes and selling them. I have a buddy that is in mortgage but unfortunately we a...
Meg Roman
Wholesale contract example? Seller and Assignee only
Hi - I'm looking for clarification on wholesale contracts. Each contract example that I've seen has three parties: Seller, Assignee and Buyer. If I understand the process correctly, I, as the Assignee, will first ente...
Michael Penny
Buying a House Before It is Foeclosed
I am aware of a house that is going to be foreclosed (the owner was not aware of a balloon pymt due, because his brother neglected to tell him). The owner is not really willing to work with me (now) as I have mention...
Michael Yoder
Bidding MORE than listing price for HUD home
I'm currently looking at a house on the HUD home store website. I would move into the house so I have priority in the bidding process. The market down here in Virginia Beach is very hot and the house I'm looking at is...
Elan Kvitko
Newbie for Kissimmee - please help
Hey BP Community! I’ve been rattling my brain for weeks on end now thinking of where to buy my first STR property. I’ve been trying to select 1 of 3 markets that I’ve narrowed it down to and that’s:Savanna, GARocheste...
Italo Ramos
Las Vegas Wholesalers
What type of profit margins on your wholesale deals are you working with?It seams to me that the margins are getting smaller for wholesalers here in Las Vegas. Specially when trying to sell the deal to another investo...
Flavius Alecu
Garage turned into kitchen value opinion
Hi all,I'm looking at a property where the garage has been turned into a (second) kitchen. The adjacent room has potential to be split off and the whole section could be rented out. Unfortunately this is not something...
Bruce Archer
How two finance single-fam rental roof and windows?
Well, thanks to BP I have now learned what I should have been doing for Cap-ex fir the last 10 years. But, financially i had to use most of the cash flow for living. Now I need some advise on finance options for a new...
Barak Schafer
First time investing outside my local area.
Hello, BPThis will be my first home purchase ever. I am looking into buying in the Boise area (I want to move there when I leave the military and want to start investing now). Because I am in the military, I would ne...
Jarett Cory
Looking at my first deal and could use some feedback
I'll start out by stating that I wanted to focus on the area (Round Rock, TX) and nearby for investing but given my circumstances I'm not sure it's in the cards right now. I lost my house to foreclosure in CA in mid '...