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Ok, so I am excited to start wholesaling and my wife is on board and supportive, but she's having a hard time understanding why sellers would agree to such steep discounts. For example, if a house is worth 100K fixed...
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My landlord in Charlotte, NC contacted me several months after I asked if he was willing to sell. He said he does want to sell now to unload this mortgage. Since a real estate agent would not have to list, show, loca...
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I'm currently looking at a property that is rented out to a tenant, with the lease ending March 2015. The rent is below market ($1050 when you could easily get $1200), due to the fact that the current owner knows the...
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My goal this year is to create passive income. I have an opportunity to buy commercially zoned land in a great location here in SC at a discounted (friends) price. I have several clients looking to rent so I can most ...
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Hello, I would love your take on an issue I encountered: Long story short last year my prior tenant asked me to reduce the rent from $2,200 to $1,800 and offered to do gardening and snow removal for the property. I in...
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HelloI have a specific question for those BP'ers that live in the bay area. I am remodeling/updating a rental unit that I just purchased. It hasn't had any updates since 1988. I am going to need to buy windows, kit...
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Hello
I am currently negotiating a discounted payoff with a second mortgage. The balance is $25,000. I offered $5,000 and the bank came back at $16,000 and said that is “pushing it”
Could anyone provide any in...
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Hey everyone, I'm about to put an offer in on my first property.
I've never bought (and therefore never negotiated the price of) a house.
So I'm curious what's the typical wiggle room you get out of a seller?
It...
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I have a lead on a recent tax sale in Rhode Island. The current owner has a 1 year redemption period. The tax bill is significant.
My question is why would the owner want to sell to me at a great discount vs listing ...
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Looking to get into rentals and wondering what is your best way to find homes at a discount?Also what is your favorite way to buy homes not using your own money?