Terry Royce
Investing in NPN 2nd notes
Recently I have talked to 2 investors one in my local market, and another out of town that have bought some smaller packages of 2nd position non performing notes.Both investors have stated that the strategy is to make...
Long Khang
help on 35 units deal
Gross Rent 182464 182464 Vacancy loss 8% 9123 145971 Total Rental Income 173341 167867 Laundry 3000 3000 Total Revenue 176341 170867 ...
Bill Zepeda
Familial Status Question....
Hi BP,I'm in the process reviewing applications for a SFH and uncertain about the following: Can a married couple that shows more income on the application be considered "more favorable" to me than a singe person tha...
Scott Cunningham
Foreclosures List Price VS. Actual Sold Price?
Hello BP's. I'm looking for some wisdom in regards to List Prices VS. Sold Prices. I am working with an investment company. The deal is pretty straight forward. I find the property, I get the commission on any acce...
Allyson Mitchell
Where to wholesale land?
Hi guys. I’ve been researching wholesaling land the last week. I’m currently trying to figure out the best state for me to start in. I’ve narrowed it down to Tennessee, Florida, North Carolina, Michigan, Alabama, Ark...
Virgil Nunnemaker
Lender requiring tenant tax returns - Advice?
Can a commercial lender require tenant tax returns as a condition of financing a commercial real estate deal if that tenant is not a party to the transaction beyond an existing lease agreement?
James Dolan
BRRRR strategy in Pittsburgh
Hey All! I've been wholesaling properties in the Greater Pittsburgh area since the start of 2019 and just started tackling a few projects of my own. Just completed my first flip which is now up on the market in the Ea...
Craig Whitehead
What Are The Banks Taking For REOs?
I have a potential REO deal in the works. An investor is interested in purchasing another rental property to buy and hold and I have a realtor who sent me a number of possibilities that I presented to the buyer. The b...
Sue Matt
Painting Brand/ Cost
I was curious to find out what brand of paint everyone is using in their flips and rentals.I have seen some contractors getting $60/gallon paint from sherwin williams for $15.I am thinking because of the volume they ...
Blake Thompson
Submitting lowball offers without offending the agent.
With the current COVID-19 state of things, I have been running my numbers with low-ball offers (trying 80/20 ARV). When the time comes to submit the offer to a real estate agent, they have strongly discouraged the off...