Chris Daliani
Private Money Loan
Hello All,I have a best friend who buys and flips homes. He usually uses hard money loans for the projects.He currently want to purchase a complete gut home and we were talking about me possibly lending him the cash f...
Patrick Rowe
Need Advice on House Flip Deal
I have a house flip deal I'm looking at purchasing and they're asking $80,000 for a 3br 2ba 1601 sqft living area. The home needs about $20000 to $25000 in repairs. I had the realtor run some comps and the had a simi...
Penny Conner
New construction
I am wanting to buy a lot and build a 1200 sq. Ft. Home and then sell it. I was told that I would need a contractor license to do this. Does anyone know if I do need a license? It's in the state of VA. Also are th...
Charles Kiser
Offering percentages on a primary house for landlords to live in
Do any of you all have rules regarding offer price? Like 85% of asking or anything? I realize its depending on location and need. I also know about the 1 to 2% rule but was really looking at offer prices on what I am...
Brian Christensen
Carpet striped or replace carpets for sale
Getting ready to sell a house. It is a nice house with old carpets. I’ve thought about not replacing the old worn carpet and just offer a stipend to a prospective buyer (primary home owner). Any suggestions on if that...
Jonathan Valdes
Whole sale with no money
Hey BP,I have come across a FSBO single family house here in Bergen County NJ. I am looking to wholesale it. The owner is admit about not showing the home until he sees POF. Considering that I do not want to live in, ...
Alex G.
Best Practices For Sellers In Austin In Hot Market
A question for agents with listings and sellers who are selling right now. As we all know at the moment we've got VERY low inventory, most sellers get a flurry of offers, and properties are selling substantially highe...
Lawrence Paul
Can I 1031 exchange two properties for one?
Basic question here:Can I 1031 two properties into one property?
Brandon Forgham
Can you negotiate after purchase agreement has been signed?
Hi bigger pockets,Im buying a duplex that i was turned onto by a family member who rents it at the moment. I've done a home inspection and walk through with the inspectors. After inspection i negotiated the price dow...
Mahmoud Tellou
The right way to calculate equity?
Hello awesome Bigger Pocketers, major Newbie here! The question is related to calculating equity. Let's say I put 20% down on a $100K property so now have $20K in it. The question is:If I put in an X amount of $'s int...