Hello Everyone. I have been talking to everyone I know and meet about real estate investing and it seems to have started to pay off. I was put in contact with someone with a house they are looking to sell and are poss...
Three weeks ago we put a 45K offer on a SFH REO (could be flip or B&H) that was listed at 64K and had been sitting on the market for around 90 days. Just heard back from the bank that there are multiple offers a...
Hi everyone,I'm new to real estate investing although I've always wanted to try and make money at it. I'm looking for distressed properties such as pre-foreclosures, probate property, individuals with late payments an...
Hello BP family!! My friend and I want to start an investment together. What do we need to do as far as legality. I heard so many bad things when it comes to money and friendship. We want to laid everything out in wri...
Hello BP, Currently I am reading J Scott's the book on flipping houses and I am learning allot! I am working with a local realtor and am formulating my criteria of what I am looking for with her. My question is this, ...
I’m comping in a area in Detroit that doesn’t really have any fixer upper homes near the one I’m trying to wholesale, so what do I do to determine the ARV and determine my MAO? Do I just comp it with the other distres...
Hello! I am Dan Pendon and living in Chicago, IL. Currently working in corporate with a solid career so far but I have had the entrepreneurial bug ever since graduate school. Real estate has attracted me for its flexi...
Hello all!I'm Interested in finding out how to size up a potential rental property? What do you look for? Aside from area, taxes, currently rented or not, possible monthly income, neighbors, condition of house, value,...
I purchased a property this year at 170k and put 30k of rehab into it. The new appraisal came in at 280k and I’m going to to have a new loan at 210k with the rest going to be a cash out refinance. My question is, is t...
I'd love to hear some personal accounts from those of you who have personal experience structuring a seller financed deal
1) How did you find the deal
2) What negotiation strategies did you use to formulate the dea...