I have only purchased properties via MLS in the past. I am considering buying my first wholesale investment property purchase. What kind of information about the wholesaler or property do I need to check to ensure I d...
Hello from Louisiana! My name is James. For the last ten years I have supplemented my teaching salary by selling Real Estate. Last year it dawned on me that I was not maximizing my sphere of influence and time in RE. ...
Hey- anyone tried giving sellers a cash EMD of $1-2K at contract signing? Obviously there's risk here the person can't or won't follow through on transaction and takes your money, but in 50-60 wholesales I've done tha...
Good day BiggerPockets peeps and friends!!!! So I’m looking at making that first purchase deal with FHA loan. I’ve been looking and analyzing a bunch of multi units such as a duplex, triplex or quad plex and recently...
I have a private investor(family friend of mine) interested in helping me fund a large acquisition. His main concern is that he will be in a 2nd lien position and he is afraid of what could happen to his investment i...
Hi. I am trying to figure out what happens when a property is listed for sale at a foreclosure auction, but the listed upset price is higher than FMV of the property. No one is going to bid above the upset price, so t...
Under contract for a house which has an unserviceable pool I was planning to demo after closing. I am using conventional financing and the appraisal came back that the pool presents a safety issue and must be remedied...
Hello everyone! I am the perfect example of the Guru failure! I am the one that spent $30,000+ on the gurus that promised millions in real estate. But recently someone at a REIA meeting told me about biggerpockets. So...
My name is John Daley (no I am not the golfer. My parents named me after my grandfather and not the golfer). I am 27 years old and currently work in Supply Chain. I currently own one rental property just outside of...
Hi everyone!So I'm an agent currently helping a friend of mine buy a new home. I have an interesting opportunity to help them out and gain some unique experience in the process. They are having a child soon, and would...