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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $8,000
Cash invested: $8,000
Sale price: $240,000
This opportunity involves a new build on a property in North Ma...
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Can a 12 Unit Multi-Family property be offered for sale according to residential property rates and not NOI ?On projected current rates and Expenses based on NOI I got a valuation that is 50 - 55 % lower than the aski...
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Investment Info:
Mobile home buy & hold investment.
Current
Declo Mobile Home Park was acquired November 30th, 2018 by Virgil Nethercott on behalf of Declo MHP, LLC and under the management of VBN, L...
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I am in the process of having a duplex refinanced in Ft. Wayne, IN. When I look online I see nearby duplexes that have sold at a price that would substantiate my value in the $180k-$200k range. However, those duplex...
Lead Sharing - Insider Trading?I've noticed that when I receive a lead for a wholesale deal sometimes it doesn’t end with a sale. Why? Well, for a million reasons...the homeowner is not motivated to sell at a discount...
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Hi All, Looking for some guidance. Last year I was working my "farm area" and had my eye on a very worn SFH. Located and talked with individual listed on tax records (and wife). He explains they left the property b...
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I am about to purchase a short-term rental property and I'd like the property to be held within an LLC (as my other properties are). My lender tells me that since Sallie Mae guidelines allow a transfer to an LLC that...
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Summary: I'm looking for guidance on what information I need to vet someone I'm planning to provide gap funding to. Full details below.I joined a Meetup.com group in my local NJ area. The person running the group do...
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When a wholesaler is having an interaction with a non motivated property owner who is looking to sell at a retail price - are there any industry standards, norms, or practices when it comes to referring that property ...
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Hello BP,
I have a motivated seller who would like to avoid short sale, but has told me his house is worth 300K and he owes 600K! Initial research shows comps are $425K but house, purchased in 2000 is trashe...