Found a house not far from me with papers taped to all the windows. I stopped and snooped around. I'd love to buy it. Talked to the neighbor. He said the owner died 5 years ago and it's sat empty ever since. He also m...
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I've only been in this business a few years, but have purchased a lot of deals. Mostly from motivated homeowners, and bank foreclosures, which I understand and expect many of those to be in bad condition. But lately...
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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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Before I begin and receive any responses that my title is not accurate, I just want to state upfront that only 60% of that profit goes to us and the other 40% goes to our private money lender. Now that I got that out...
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Where can I find reliable source of homes on the market for wholesale deals?
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Good morning all,I currently have a triplex under a hard money loan because it did not meet the qualifications of a conventional mortgage and I needed to close quickly. I'm performing renovation on the property now, b...
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I'm preparing to rent out a 1977 sqft house in San Jose, target price $3300; the property has many valuable amenities, so I'm probably pricing a bit low, I think. I'm pondering questions to include on my pre-filter e...
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Hi BP,My wife and I are going through a cash-out refi, and are having an appraiser come to our home within the next week. Please provide any DIY tips on how to receive the maximum value for our house. Your feedback is...
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Hi BP friends! I've got a tenant that is asking/demanding that I test for asbestos in my SFH rental. This home was built in 1951, I bought in 2012; no basement - it's on concrete slab. It was a fix and flip when I ...
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Hello, I've noticed many people talking about the lack of inventory on their MLS including myself on these forums. Could someone with experience please explain if the market is going up? I've noticed that the housin...