Wesley Adams
Need someone to look over these numbers...
I am currently searching for my first income property. i stumbled upon this and want to know what you all think.
Actual Valuation
Asking Price $32,900
Appraisal Value/ ARV $55,000
Est Rent per month: $825 per...
Malcolm Grundy
First Multi Family Rental Under Contract
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $137,000
Cash invested: $25,000
2 single family units on the same lot, with a detached garage. Smaller bung...
Anthony Bell
Closing a wholesale deal pretty soon.. I need some help/advice!!!
Hey BP world!,
I've been working on a wholesale deal for about 3 weeks and it is close to closing!
I got the seller to agree to $16,000 and my buyer agreed to $20,000 so my fee of course is $4,000. The ...
Rusty Pollard
Need Creative Ideas! Two Properties, Partially Seller Financed
Hey guys! I've got an opportunity on my hands and I'm looking for some creative ideas from our BP community on how to best package this deal:Two properties to purchase from an old landlord who is ready to get out of t...
Alicia Arizpe
At what point in the process do title companies get involved?
When starting wholesaling I’ve noticed videos aren’t really clear about when exactly to get a title company involved. Should I have one before I even talk to a homeowner? Should it be before or after a contract is sig...
Michael Randle
Secure finance or find deal first?
Hello,
So I found a small multi family property I would be interested in pursuing more. Numbers I have been able to gather from public data sources make the property seem like a very good investment, almost too good ...
Kenya McCormack
Colorado Wholesaling Purchase and Assignment Agreements
Hi All,I viewed the RE contract form 'CBS1 Contract to Buy and Sell, Residential" on Colorado.gov. It is very lengthy. I have viewed the purchase agreements and assignment agreements on BP. Do any Colorado Wholesale...
Alex Malone
Unrealistic contract
So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...
Mike Cardenas
Finding an end buyer before I have the property under contract
Can someone help me with this? I have a couple of sellers that have some HOTT deals, but don't want to tie the properties up unless I have a buyer first. I have an option contract that is structured in a way that allo...
Pete Storseth
70% rule offers, always?
Making the 70% ARV offer minus repairs is the #1 rule, but what variations of offers have you guys made that made sense for all parties involved. I'm opening this thread with the hope of BP investors to share interest...