Christopher Petrillo
LTV and hat it means to wholesalers
Hello BP, I am new to wholesaling and am trying to wholesale pre-forclosure homes. If a house I am looking at has a above a 100% LTV is that good or bad?
Jack B.
Sell with tenant or give notice of intent to sell soon?
I have a tenant of about 3 years in my lowest performing property in Maple Valley that has not gone up in value for 3 years and although rents are good/solid cash flow and principal pay down ($500 a month CF, $385 a m...
Edward Zachary Samperio
New to San Antonio & Exploring STR Markets—Looking for Advice on Potential Areas
Hey everyone,
I’m new to San Antonio and trying to get my footing in the short-term rental market. I’ve considered multifamily or duplexes, but from what I’ve heard, they’re unideal right now, so I’m leaning towards ...
Matt Beans
Determine how much equity a property has
I am a new to REI and am building a list of criteria of what a property must meet in order for it to be profitable. through my research I have found that it MUST have high equity. However, how do I determine how mu...
Tim Crosby
Should I Take a Personal Loan to Fund a Flip?
I'm looking at using a HML to fund a flip. To do that, many of these places want 10% down to fund a deal. I'm looking at a PML pr someone I know more personally to help out, but most people I know see those flipping T...
Nicholas Zavala
Talk to me about Wholesaling?
We were interested in flipping homes from the start, but with us remodeling our own house ourselves, we just don’t want to get into flipping other properties at the moment. What is the first step in wholesaling? I’m a...
Rivy S.
Mortgage v home equity loan or refinance
I've got a newbie question. I can see that most sellers prefer cash buyers. I've got a finite amount of cash that I can spend on investing, but I don't want to sink it all into one property. So, could I buy in cash...
Ryan Ilardi
Not sure what to do, need some advice
I have gotten a call from a partially motivated seller. He says he doesn't need to move but says he does want to move out of town quickly. I have yet to do a deal in my young real estate investing career and need some...
John Baker
Should you build rapport with every seller?
Hi everyone,I'm wondering. When you speak with sellers, should you build rapport with every seller, even the ones who aren't motivated?Or should you just stop talking to sellers when you find out they aren't motivated...
Londell Reedman
5th year of unpaid taxes
hello to the BP community So I have a friend that's approaching his 5th year of unpaid property taxes. He does not plan on paying either... The single family home is worth 200k. I offered to pay the taxes of 6k. what'...