Mehul Mehta
Wholesale Deal
Dear Community Members,I have got a proposal from an wholesaler for buying a property deal, so need your suggestions and advice on things to keep an eye on. As I am based overseas and will not be in a position to phys...
Justin Kelly
HOA dealings
I have purchased an owner occupant condo in a HOA. The HOA is at capacity for rentals set at 10%. I am first on the waiting list to rent but will have no way to know when a spot will open. I would like to buy anoth...
Frederick Jackson
Deal Advice
Hey Everyone! My Partner and I came across a deal where we would be the bank. The way the deal is structured is like so we would purchase the property for $39,000 that already has a tenant in it th...
Rudy Centeno
Finding Deals??
I personally do direct mail and cold calling but haven't had much success lately.
I've heard of investors who get listings from realtors and submit offers. Is this a good route to take or is it a waste of time?
Ca...
Robert Burns
Missed Deal
I just had an upleasant experience in that the house I had under a lease option contract was sold to tenant buyers I introduced to the seller. They were able to buy the house outright and did not need to use my Rent ...
William Johnson
First Deal
Hello BP. I am a "newbie". I have been in the military for the last six years and for about the last year I have been reading a lot about REI (I have plenty of time out here.) I have found a few deals that I feel woul...
Dan Roberts
1st deal
I am looking at buying a couple of rental properties. This will be my first go at this although I have been looking/researching for a couple of years. These are 2 single family homes that rent for $400 & 450, res...
Franklin Lee
Wholesale deal
I'm seeing a property on http://www.realquest.com/rq/default.aspx?txtSearchAddr=Fredericksburg%2C+VA#.
It's the one with the 39% equity(bank owned) and since it is about a mile away from me, I...
Tyra General
Deal Analysis
I'm looking for advice from investors who are worked on deals with properties having 6+ units.
Please see the numbers below.
6 Unit Property in Baltimore
There weren't many comps to compare (apples to apples) based ...
Lawton Michaels
Deal structure
Lets say you find a house worth 100,000 after repair value, 30,000 is owed and it needs 10,000 in repairs. Can this deal be structured where you sell the house to the investor for 50,000, leaving you a profit as the w...