Hi folks, I have been searching for my first investment property and came across this deal in a different town (about 1.5 hrs away). I am not a pro member as of yet so was wondering if someone would help me analyze an...
I am close to closing on my first property. I have talked to several (probably 15 or more) lenders. I have several options, including cash, to purchase my first property. My CPA is advising me to close everything poss...
What’s the difference between wholesaling to a flipper compared to landlord?Are more wholesale deals done with landlord end buyers opposed to flipper end buyers? I ask this because I know that rehab costs are cheaper ...
Here’s rant #2 for the day. I have a preliminary call in a few minutes with a person that wants to get into private lending and wants to engage our loan consulting side to assist. When we asked “what they were current...
I've run into my first situation where the homeowner is telling me they have NO WHERE TO GO. Interetingly he's had 4 months to prepare for this, but I won't go there at this time. We want to close in two weeks.
I'm...
Hi BP! I wanted to share the spreadsheets my wife and I created to do deal analysis and accounting for SFR rentals.Proforma:http://www.biggerpockets.com/files/user/SpiralLoxo...- Assumption inputs can be entered as e...
Hi everyone,With eviction moratoriums all ending (roughly) this month, how long until we see effects on MF home sales? I take it this will vary state to state depending on evictions laws... As you can probably tell, I...
I'm new to all this and wanted to get some clarification. I am also very nervous on the phone at this point.
I have sent out yellow letters that are very basic. They basically state that I am interested in purchasing...
I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...