Reginald Lewis
Whole seller profit average
What's a good average profit for whole selling, example if you make an offer of 62k to a seller, and 67k to cash buyer is 5k good enough ??? I'm new to this so help me out please, I used the wholesaler calculator but ...
Richard Warren
What the Fed Cut Means For Your Mortgage
Here is an article explaining the rate cut and its effect on mortgages:
http://biz.yahoo.com/cnbc/080122/22783168.html?.v=1&.pf=loans
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Jimmy Habaker
Palm Springs Realtor, etc
Hey everyone,
New here. I'm trying to figure out cool stuff to do for [WEBSITE REMOVED BY ADMIN] online. Trying to do a decent job of spreading the word of their existence. Are there any good Palm Sprin...
Bobby Njoo
Opinion on a possible "subject to" deal. Good deal or bad deal?
Hello BP Family,I need ideas of how to approach this opportunity. Initially, I see it as a bad deal. However, I started to wonder how I can turn it into a good deal. The seller is my coworker, who has been mismanaging...
Susan Carman
As I am new, what are my blind spots with....
Hello BP Family, Tonight I found a seriously distressed property with an asking price is 99K (I'm pretty sure I could get it even lower). The house needs around 300k worth of work. The Comps are running between $239-$...
Teddy Patrick jr
Question about capital gains tax
I am getting ready to purchase a property in NC using private funds...I am also going to purchase the property for me and my wife to live in...There is about a 50k spread on the purchase and was wondering if I sell...
Cheyenne Davis
Creative minds needed - how should I structure this deal?
Here's the situation...Seller is an investor who has run out of money and can't rehab a house he bought. There's a decent spread in the deal and we were going to buy it, fix it and flip it. However, our hard money len...
Jason K.
How to Properly market my wholesale deals!
Good evening BP fam,
I'm interested in learning the proper (successful) way to market my wholesale deals to other investors without disclosing MY contract price and losing leverage in the deal. I'm talking through em...
Bryan Hancock
Due-On-Sale Propriety When Banks Ruin The Economy
Now that our banks have all but devolved into GSE conduits I was wondering what the consensus is for the fairness of selling homes with loans on them when interest rates drop.
It is just for the banks to deploy the...
Jason Powell
Long or short term capital gain?
I purchased a building October 17, 2017 via LLC, me 50% and one partner 50%. My contribution was 150k.June of 2019, I sold my 50% share of the LLC to my partner for $250k (building was not sold). I received my princip...