Charles D.
How do people flip house to make money with all these costs?
I don't quite understand how people can many money of flipping houses fast. There is theReal estate agent commissions 6% + Seller concessions 1.5 % + closing cost 1%. There is at least 7.5 % cost to sell a house. Plea...
Jackie Pyle
According to certain banks I am not allowed to make a profit!
You read the title right! Closing scheduled today on a very reasonably priced 3 Bed 2 Bath, we owned more than 6 months, buyers had great credit AND a down payment, and YESTERDAY the buyers bank, W* F*, tells our cli...
Santiago Acevedo
ARV - What Percantage
Hey everyone, I'm a wholesaler in search of my first deal but have been having issues with how to properly run my numbers in this market. I'm located in Fort Worth, TX and searching in all of DFW area. I know the stan...
Mark Marinaccio
Los Angeles Wholesaling
Hey BP people! First I love this forum, everyone is always so generous with info and advice when I post and it is really helping me to get a handle on REI.I wanted to see if any experienced wholesalers in Los Angeles ...
Rose Ganor
Quitting job in 3-5 years with OPM?!
Hi bigger pockets community,
Many books and programs sell a dream of quitting your job in 3-5 years using OPM, even with little cash of your own. Your perspectives are appreciated on how this applies to the real worl...
Bob Collett
Wholesale Markup
I am curious... what is the typical markup on a wholesale deal. For the sake of a meaningful response; assume that you put a property under contract for $25000. What would you expect to sell it for? (Typical realistic...
Brady Aman
How has flipping changed for you?
Being in the real estate world it appears to me that flipping has changed for almost everyone. The interest rates have spiked. It is much more difficult to find a house that is going to provide you with positive cash ...
Jason Genovese
Is Mareketing for non-MLS houses necessary?
Hello,
I have been buying my houses off the MLS, auction web sites, and other wholesalers. I wanted to receive some opinions if it is worth investing into marketing campaigns to find motivated sellers that are not ...
Danny Day
SFR Rehab #2 finished.. analysis
ARV $125,000
Purchase $70,000
Rehab $23,000
Estimated time frame: 2 weeks
Rehab time frame: 4 weeks
Budget: $18,000
Analysis: Went 2 weeks over the estimated rehab time frame because I decided to to some of the work...
Mason Jeffries
Any Lenders still doing HELOCs in 2021?
Are there any Lenders still doing HELOCs in 2021? Most companies advertise HELOCs on their websites, only to tell me they have stopped doing them once I call. Any recommendations?