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Hi Everyone! I am new to the BP community and have been soaking up the vast amount of info/knowledge that is posted to BP, which is such a great resource! I wish I had known about BP several years ago when I had tea...
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I have been in discussions with the listing broker to purchase a national historically registered building. We will need to do some MEP due diligence work to better understand what the renovation costs will be. This w...
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Hey everyone,I am totally new to the real estate investing game. I have been listening to podcasts and watching videos and studying it for about a year now and I feel I am prepared to begin making my first moves and b...
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I have heard Brandon say on a couple of different occasions that he's made multiple offers in the same week. What happens if, for instance, more than one two or say three offers get accepted? do you have that much Ca...
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This is my first time looking for an investment home. I started looking at homes this past couple of weeks. This weekend I saw 15 homes and have not made any offers. I plan to view more. How many is too many ?Some mad...
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I am 24 years old and have owned 2 homes already but sold the one and live in other. I am looking for feedback and knowledge about starting out as a landlord and the steps to take. I live in a small town of Clyde, Ohi...
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I'm from Cali and my agents in CA and TX where I buy typically have a contract in my inbox within 30 minutes after I tell them to make an offer. I recently started looking in KC and the agent working for me first make...
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I'm finally taking action!!! I will submit my first 3 offers tomorrow on some REO properties. I wanted to know if it is standard to not enter a contingency for due diligency period of 5-14 days. I thought this was fa...
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We recently learned of Wells Fargo restricting investors from purchasing short sales. Has anyone experienced this with other lenders who hold FHA loans? Is there anyway around it?
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Just wondering what all of your offering strategies are for REOs?
The basic one I am just trucking along on in South Florida is as follows:
65% of ARV (Investors tell me hard money here lends at 65%)
Deduct $10K Com...