What do you guys do, double close so the end buyer doesn't see how much profit you made or you do an assignments of a contract?I typically do double closing (and pay extra closing fees $500-$1000) for double closing (...
Well, I don't know how many deals you guys are getting, but after 5 months, several hundred underwritten deals, and several best and finals, we finally are under contract on a 98 unit value add.What it took:- $100,000...
I'm going to be hard lending money for the first time and I need some pointers. I've inspected the property with the lendee and I'm comfortable lending her 80% of the value. She's buying the property for 125k and I'm ...
Hello,
The seller has accepted my offer of $121,200 for a 3 bed/2 bath townhouse. I initially analyzed with the following information and the property yielded a ~$420/mo cash flow and a ~15.7% cash on cash return:
P...
Fortune articleIs this the new wave of buying and selling? Or does Opendoor just cater to the lazy, instant gratification (millenial) crowd?I could see this format effecting many wholesalers and flippers that target f...
So I just received a call from a lady who has received one of my probate letters. She left a voicemail and I called her back when I was avaialble. She said she was not the executor but the daughter of the deceased and...
MY FIRST INVESTMENT-DEAL OR NO DEAL!?I’m so grateful to the BP community. The many generous and knowledgeable people and resources are a blessing to a newbie like me. I was just introduced to the world of real estat...
I had limited success for a three day trial period using Connected Investors PiN tool. Two challenges. I needed guidance during the trial period and received no response to two emails. My thought there is if they are ...
Unicorns, Sasquatch, Centaurs, Bulk REO Deals . . . they all seem to be mythical creatures.
I've started this discussion because I'm pretty convinced that we will be terminating the BP Bulk REO forum and will require...
Has anyone seen this yet? What are your thoughts?
http://www.loansafe.org/connecticut-real-estate-agent-sentenced-to-prison-for-short-sale-mortgage-fraud-scheme
Sounds like an A-B-C transaction to me - which happen...