Nina C.
HUD Eliminating Seller Financing for Non Owner Occupied homes
I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
Zach Schaar
Closing Costs . A frequent issue.
Hi! I am Zach Schaar. I am a new wholesaler to Columbus, OH. My last 2 appointments, something interesting has happened, and I'm interested to see what negotiation skills people use to work around the issue.
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Candice Samuel
1stWholesale Deal.. Any Advice greatly appreciated 🙏
Hey BP community,
Please to join you all. I have an on-market property under contract. Based on the photos the agent sent & the comps ran in the neighborhood comps pan out to an ARV of $280k-$285k. I made an of...
Vijay G.
Offer Strategy options
I m newbie and planning to put an offer for a 3bed2bath 1870 sqft near Disney world which is zoned for STR. This property was built in 2005 with little outdated kitchen and cabinets. I heard from realtor, 3 offers on ...
Robert Bacher
Screening Tenants
Do you qualify a prospective tenants application first; job, income, references then have them pay for a credit report, background check, etc.? For example, have my potential tenant pay application fee, I do my due...
Christopher Moss
Wholesale: Options When Seller Refuses to Perform
Hi Biggerpockets!Here's a unique wholesale obstacle that I'm struggling to find a solution to. I just wholesaled a piece of land in Tiverton, Rhode Island for an end price of $55,000. Both the seller and buyer were pl...
Jim S.
Does a cashflowing property help or hurt DTI?
My current understanding is that my DTI will actually get worse as I acquire more properties even if they have comfortable cashflow margins. Example below to try to explain what I'm thinking.-----------Let's say salar...
Jason Deck
How do you estimate rental rates in a market?
NOTE: I posted this earlier with a title "My First Deal", and when I didn't get any replies, I assumed it is because there are too many "first deal" posts on here. So, I am reframing to get at my actual question. :...
Ethan Peyton
Honesty and Transparency
I am in the process of drafting my letter that I will be sending to absentee owners, and I seem to have run across a snag. (for wholesaling purposes)
I have been told before that I am far too honest for my own good. ...
Account Closed
HUD Foreclosure - How Bad is This?
My wife and I are attempting to purchase our first investment property, which turned out to be a HUD foreclosure. Our offer was accepted and we paid our earnest money with the intention of closing within 45 days, as r...