I recently got an agent referral from a coworker. We hit it off so i asked the guy to help me find a home. From there he referred me to a one of his preferred lenders and now i am completely pre-approved for a mortgag...
Hello BP, Looking for my first “deal.” I’m tying to stay in a local market since this will be my first time. I’m in the central Florida area. What is the best way to find a deal in the market? Better to look in a more...
Hello all! I am in the process of searching for a rental property and am getting my finances in order to be able to make cash offers. I have an IRA account from an old job. I no longer contribute to the account, so it...
Good afternoon all!My wife and I have been interested in RE investing for some time but have stopped ourselves due to the overwhelming fear that comes with going into the unknown. We both have very stable jobs and mak...
I am a beginner to wholesale and I'm looking forward to close a deal anytime soon , how can I get free motivated leads? so I can begin to cold call and change my life completely around.
Hi, I found an international Private money lender. I am in France and he is in US. I need a medium therm loan and he wants me to pay 3% first. How do i know if he is a scammer or not? Where I am supposed to ask that?...
Hi all!What is your strategy in order to find a good and reliable contractor? What questions would you ask and how can I be sure about the recommendation he gave me ? Thanks!
Hello everyone! I really want to invest in buy and hold. The problem is I do not have a W-2 job. I work for a family member and I bring home decent money ($800-$1500 weekly) I was wondering what are some good strategi...
Hello all. My name is Tim. I have recently moved to Florida where the job market is crazy. I am considering a potential jump into the real estate game. I mean why not, right? I have busted my ass every day of my life ...
So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k
When I am making my...