Fred S.
New member from Tampa Bay
Hi everyoneI’m Fred, I live in the Tampa Bay area…St. Petersburg to be exact.I wholesale properties within three counties; Pinellas, Hillsborough, and Manatee.I’ve been doing this for numerous years and have zero desi...
Account Closed
Have you bought a house that Zillow said it was worth X less?
Have you bought a property that zillow said it was worth lets say (example) 100k and then you sold it for 150k?
Mark O'Brien
Bank has different criteria for evaluating quick flips
Wondering if fellow investors have run into this situation. Our current prospective buyers are using Bank of America which is giving the appraiser and our real estate agent a hard time. The BofA underwriter says that ...
Deja Williams
Hard money lending and holding costs
So when buying property using a hard money lender, while doing the rehab portion of the BRRRR method you obviously have holding costs that you have to pay while in the rehabbing portion. My question is how do you cove...
Brett Sodders
Power Of Attorney
I did some searches through the forums, but I really couldn't get a clear answer to my question. I see that some doing short sales get a POA and some jsut get the Auth. to Release. What's the difference? What's the...
Andy Chesnut
Have you ever had any crazy expensive surprise repairs?
Just had a $5,000 amount of work I had to get done on a property. Water damage, rat damage. Just 6 months in on a tenant using the property.
What do you do to avoid those? Is your property manager doing monthly inspe...
Xavier Randall
Apartment Purchase Due Diligence Regarding Deposits
QUESTION....when considering to purchase an apartment building and reviewing the current lease agreements....is the seller to provide with the deposits they collected or is that a cost you taken on by you?
Jay Jonez
Deal or no deal? Will seller finance work for this deal?
Hi, I’m a wholesaler and just wondering if there’s a way creative way to structure this deal.Details:So I have a seller who has been in preforeclosure twice in the last two years. He owes $163K -PITI (FHA) the neighbo...
John Kai
Build a spec home or just sell the vacant lot
I need some direction from members. I am in the process of subdividing an existing 9+ acre property into 4 individual lots:Lot 1: primary residence - includes an existing 3,000 sq ft, custom home built in 2006. Zill...
Samuel Ksiazkieicz
VA loan as 1st in 80/20, will short sale affect sellers VA benefits?
I have an 80/20 short sale I am working with a retired sailor. The 80 is a VA loan but the 20 is regular. If I short off the 20 will this affect their ability to use their VA benefits for another VA loan later? For ...