Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?

I've been reading on the 50% rule for calculating viability on a potential rental income property:
Gross monthly rent
-(minus)50% for operating expenses
______________________________(equals)
NOI(Net Operating Inco...

Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...

Hey Bigger Pockets!  Once again, I am starting one of my posts out by making the disclaimer that I truly would like to post more, and share all our successes and failures so that everyone can learn from them.  It take...

Hello Bigger Pockets gurus!I've been lurking on Bigger Pockets for months as my husband and I have purchased, renovated, and rented our first two single family properties.  We thought everything was going great until ...

Hi all, I am a newbie to BiggerPockets and am still learning to use the site. But... I need some help Now! I negotiated a discounted rental rate on a 24 month lease back in February with a single woman and her dog bec...

A little background on this one. I have been following Shea on youtube for about a year. He is in Detroit and has seen it all. I find his honest take entertaining and educational. For this video case study - some dude...

http://online.wsj.com/article/SB125479559237566623.html?mod=rss_economy

This article is talking about apts nationally. Vacancies continuing to rise and article says they will continue to rise. Tied to unemployment fi...

Hey guys, 
I’m thinking of going in on a duplex in a great, growing area of Fort Myers, FL. $380k, 2003 build, $30k of CapEx (paint, roof, AC, water heater), $3,300 monthly rent, $500 cash flow, 5% CoC return with a ...

Being in a competitive market, I’ve researched out of state investing a bit and have always been gun shy due to not feeling comfortable buying property that I don’t personally control and having to work with a turnkey...