Fred Lewcock
Question on Contract When Home Does Not Appraise
Hello. I am not sure if this is the proper forum to ask this question. I live in Austin and am looking at purchasing a home that has been extensively renovated. Because of the renovations, the house is now priced muc...
Jeremy Beland
How Standing Firm Made Us an Extra $70,000 on a Wholesale Deal
In the world of real estate wholesaling, there’s always a lesson to be learned. One of the most important is knowing when to stand firm and not let a buyer dictate the terms of your deal—especially when you know you h...
Account Closed
Am I stealling from Realtors...
I have found a little "niche". I visit properties all day long. Some I see are value priced but are in need of a good deal of work. I know that a home inspector is going to come in and bash the home to protect his...
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
Hello everyone,
I find myself in a challenging financial situation and would greatly appreciate any guidance you can offer.
I have a pending income tax payment of approximately $200K for the year 2023, due by Septem...
Brandon Malbrough
Insight wholesale or fix-n-flip
Ok, I put a property under contract a little over a month ago. I knew the property price was more than my cash buyers would pay for a property, but the property was such a GREAT deal that I couldn’t pass up. So, the q...
Chris Mooney
New House Owner Making Changing For The worst
Hello all,I'm renting a 3 bedroom unit in a great house in Westchester County in New York. We moved in during the sale process of the house, and were verbally promised a few things, washer & dryer, lawn, and one o...
Nguyen Quach
Balloon pmt 4 months head. What can owner do? (sacramento)
My friend, who is current owner, has about 260k balloon pmt in 4 month ahead. This is a seller financing. Property is a duplex in South Sacramento, fruitridge and power inn area, and mkt value between 310k-350k. Owner...
Kathryn Schauer
At what point do Negotiations end?
I'm under contract on a SFH that I plan to buy and hold long term. Close is set for April 15th. The inspection is done and the repairs identified in the inspection have been addressed. Appraisal is done. Now with ...
Nathan Gasti
First out of state property
I am going to buy my first buy and hold property. I am going to buy in Memphis. I have already looked up comps and have done a cash flow analysis on the property and everything to this point looks good. The property i...
Kevin Wood
Houston/General- Multi-Family Strategy To Put Under Contract or Not
My partner and I invest in the Houston area. Currently we are looking at 5-30 unit multi families. We got brought a deal that seemed to be priced at a 9% cap. We assumed with the fudgey numbers we were most likely loo...