Patrick Lorang
Financing Fixer House
I'm new to Bigger Pockets and in need of financing advice/direction with regard to purchase of a fixer house, on which I have a purchase and sale agreement. Built in 1890, the home has seen little remodeling and so re...
Derick Hanna
Putting money for repairs in escrow as the buyer
I want to purchase a value add duplex. The seller is a friend and would like to owner finance. PP:260k, 5% interest, 10% down, 20 year mortgage. The property needs around 30k repairs. ARV: 320k. What I would like to d...
Lily Rodriguez
Wholesaling Formula for offer price
I'm sure that this has been posted here already. I just want to share the formula to new wholesalers because I have been getting deals that don't make sense for myself or my investor clients and in order for you to ge...
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Wholesale Deals
I'm thinking about "treading new water" so to speak and go into residential investing.
I've heard about putting purchase agreements
on HUD homes at below wholesale and turning them to cash investors at low prices qui...
Muhammad Saleem
My first visit to see a seller. Need advice.
Hi BP community,IToday I went to see my first deal in Detroit area MI. House is in very good condition from outside with 2 years old roof. Brick house.But inside need a lot of repair work. With garage, basement. My in...
Shanita Parker
How low can I offer?
I'm looking at getting a rehab home with a ARV of 105,000. It is a REO and has been on the market since 4-19-2007. the asking price is 69,900. The home needs updating and there was a pool in the back that was fille...
Kyle Marsh
How Low is "Too Low" for a Low Ball Offer?
I understand this is a very vague question, but does anyone have a rule of thumb when it comes to low ball offers? If you want to put an offer in on a property just as a "shot in the dark," is there a certain percenta...
Deforrest Ferguson
[Calc Review] Help me analyze this deal.
View report*This link comes directly from our calculators, based on information input by the member who posted.
Wade G.
Make sure you have a very large reserve fund for landlording?
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
Addison Ricci
Looking to buy 2 houses with potential structural work
So I have an East Tennessee property under contract that has 2 small houses on it (500 and 800 square feet). The area is prime for airBNB, other similar houses in the neighborhood are getting great rates and renting ...