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Good morning BP,This is a message to all the new wholesalers out there, please stop calling yourselves investors. An investor is someone who actually buys properties, flips them, and or holds them as rentals. If your ...
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Hi everyone seeking some advice. I made an offer on a multifamily that will be my primary residence. The market I am buying in hard to find 3 families and was out bit on my last offer. Found one I want signed contract...
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Hi all, I am looking to buy a house to do a house hack in the next 3 months in Miami, FL. To find a property that would get anywhere close to breaking even on my mortgage payment, I would need to get a great deal. My ...
So, I finally got my first deal rolling, however, the seller is trying to lock me in to purchase no matter what. Has anyone else encountered this issue? I sent him the contract and it sounds like he pretty much made a...
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Need quick advice. I’m workin on my first deal ever! And I found a motivated seller on Craigslist who is lookin to sell his property really quick. The seller is wanting $109,500 however after contacting him, he’s yet ...
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I've been doing a lot of deal analysis and keep running into negative cash flow unless I cut my purchase price by at least 40%. Is this why everyone talks about needing to find off-market deals to get a price that goo...
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Greetings,Have an OOS duplex with a PM. Needs interior paint; PM says the contractor he uses is months out for painting. He'd mentioned I could try to find a different contractor/painter. I just called some other pain...
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Hello-I am newbie looking for wholesale deals with some rehab work required for a flip under $40K with an ARV around $60K. I don't mind getting involved with other investors or groups. Thanks,Armand
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Hello, y'all! I am very curious to learn about wholesaling. I was thinking perhaps one of you lovely people here on BiggerPockets wanted to walk me through the process and help me get my first few wholesales underway....
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Should I pay an extra 30k above the appraised value? It is multifamily. After said expenses, fixed and variable, it would net 2k a month. The CoC is 34% and the cap is 7.6%. I just dont feel good about paying an extra...