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OK - short and sweet, we made a $25K offer on a home listed for $40K. Needs $20K rehab. ARV should be $75K - $80K.Seller insists that I pay all expenses PERIOD.Seller requires 10% earnest money.Seller continues to ask...
I know it depends but what are the most important ones?Like:Phase 1 studyPhase 2 stadyPlumbing test etc..
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Hey everyone!I would like to start house flipping in the near future. When purchasing the house I am going to flip, are the closing costs as expensive as if I was going to buy the property as a regular residence? Like...
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Hi,I have listened to many of the podcasts regarding wholesaling and haven't heard anyone talk about any earnest money a wholesaler may need to put down when putting the house under contract. How does that work? Also,...
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Hi there - NEWBIE here.... I am in early discussions with sellers about a seller finance deal near Portland, OR. As I am considering my offer, I am trying to understand how much to budget for attorney, title/closing ...
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I have a leak above the kitchen in a rental that's coming from the bathroom somewhere. It is leaking through the light fixture in the kitchen and dripping down. There is water damage to the ceiling and bulkhead. Conse...
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HiI have a question for anyone who buys properties from auction.com. Do you trust title report that's provided by auction.com? Is their title report accurate? Or do you check title report on your own? if you your're c...
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When just starting out as a REI business, how should you structure your company?
Sole proprietorship (with enhance liability insurance) or LLC.
If you and your spouse are running the business together, is this a partn...
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Did you have to spend money out of your pocket to purchase foreclosures? If so, how did you come up with the money?
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Hello,I want to build a STR cabin complex and need to figure out the investor split. Does anybody know what the industry standard is? I have several interested parties who would like to invest but don't know if the sp...