Mike Schorah
Are wholeTail deals rare because there’s a huge chance of getting your deal stolen?
WholeSaling - noun. A short-term strategy where a person signs a contract for a property with its owner and finds a buyer to assign the same contract. "if you want to sell a contract for a large profit then wholeSalin...
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How to add value
I did a little R.E. investing about 15 years ago. I owned a couple of 4 family apartment buildings, but got out because I was traveling out of town on business a lot, and the time/hassle was not worth the potential r...
Jim Zatko
Best bang for my buck
I have a question for some of you people that have long term success in REI. What angle would you start from if you were in my shoes? I work full time and I have about $72,000 cash on hand. I am near the Toledo, OH ar...
Clint Diven
Using my own money as cash down, or other options?
I currently have enough in savings that I can fund roughly two down payments plus some rehab cost. I am trying to decide if I should go ahead and buy two, buy and hold properties and start cash flowing, or if I should...
Malik Welch
Doing multiple rehabs with revolving debt
Hey BP I have a scenario question for any rehabbers or Accountants.If I have a private lender lend me 100,000 for a year at 12% APR for me to use the money as many times as I'd like through out the 12 month period do...
Tim Silvers
LEASE OPTIONS & NEGATIVE EQUITY
Has anyone done a L/O on underwater property?
How does this sound:
If lessee/buyer/tenant exercises option, make the sale contingent on bank approval of short sale. If the s...
Joshua Nuss
New Invester - Reading for a couple of years, ready to take the next step
Hello, I have read several books including Buy, Rehab, Rent, Refinance, Repeat by David Greene, How to Invest in Real Estate by Brandon Turner and Joshua Dorkin, and The Book on Rental Property Investing by Brandon Tu...
Dan C.
Getting a positive return on your renovations
So I understand that we typically make our profit when we purchase the property. However, we obviously renovate the property to make it more attractive, thus, more potential buyers. I have been researching which ren...
Michael Westberry
Determining price you can pay
I just watched Jerry Pucketts podcast which was filled with some awesome info. I liked his formula for finding the price he could purchase a property which isARV-rehab-(your fee). I wanted to see what other wholesaler...
Jim Zatko
I was asked to invest money in a flip...
I have a close friend who starting flipping houses in the Toledo OH area. He mentioned that he is trying to find investors that will finance his flipping projects, and receive a return on their cash. If I decide to in...