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I am wondering if a property is listed for 30.000 and appraised at 40.500 could that be a good wholesale deal, and how would I go about finding a buyer. At this point im just jumping in and trying to get starting. Th...
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Hi I am just getting into the investment/cash flow industry and I was wondering what everyones thoughts were on pulling equity from your primary home to purchase a property. Is a HELOC a good way to go? any advice wo...
Hi, I’m a newer investor but have done a couple deals. Recently got my real estate license in CA with the intention of representing myself (have bought one property with my license so far) as I hopefully move into inv...
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My idea is to get the seller to make my 15-20% down payment. In my area small single families sell for around $50k. My idea was to offer slightly above ask, say $52k with the seller giving me back 15% or $7800 for my ...
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Hello All,
I have been analyzing properties in local markets. I have narrowed it down to a few towns. This is going to be my first home purchase so I want to ensure I have everything correct before making my first ...
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What are the typical costs for a refinance? Hypothetical: bought a house for 80k, it would likely appraise at 110k today.Is it worth pulling the money?
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Hey BP! I am just starting out and I was wondering if people often use scopes of work for their rehabs. If so did you make your own? What are some key things should understand going in? Also I possible does anyone hav...
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First post! I just bought a townhouse 2 bed, 2 1/2 bath. Bought for 55k. I took a 45k personal loan at 36mth at 12.12%. Renter in place at 850 a month. Pays all utilities. I can pay off the loan in 11 months. I can al...
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Hello BiggerPockets community!
I wanted to start a discussion on employee benefits and compensation. As a real estate investor and property manager, I find that having a great team is essential to the success of any ...
Hi BP community! I am curious if anybody out there is familiar with securing a down payment via crafting up an "assignment of rents" agreement. Essentially it is to use the income stream from the property itself as a ...