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Wholesalers 'Contingency' Approach Evades Financial Qualification & Commitment
many agents and sellers want to see how much loan $ you are approved for, and/or cash on hand to afford what you are offering to buy, in order to take you seriously enough to go through the trouble of a showing and th...
Glenn Tucker
BRRRR Increase Line of Credit vs. Cash Out Refi
Looking for advice on a situation I can't seem to settle on. I have been buying rental properties using the BRRRR model. I started out buying and rehabbing using all my own cash. Then I would wait the 6 months for s...
Marc Shin
how long to complete the BRRRR process?
Hello - is it possible to complete the entire BRRRR process within a 3 month period? Or does it take closer to 6 months to 1 year to complete the BRRRR process?
Danielle Turcotte
Strategies for making a first offer in a tough market
Hi! I'm looking to make my first offer on a triplex in Maine soon! I'm looking for help/advice/suggestions on ways that I might be able to approach making an offer in a competitive area that could increase my potent...
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Need to Sell/Get out of Mortgage FAST - Advice?
My wife just received a job offer that we cannot refuse, and we need to get out of our mortgage.
We currently live in the FL Panhandle in a year 2000 3 br/2ba doublewide on 5 acres. It's about 30 minutes from Panama ...
Dana Sample
Do flippers deal with tenants?
I’ve been noticing that on market properties with high ARV & large spread after repairs/rehab have been sitting on the market for long periods of time due to current tenants. Are there any rehab investors out ther...
Alex Tsang
Heloc for Investment Homes
Hey there!
I recently watched a YouTube video from BiggerPockets where they discussed using a HELOC for investment homes. It got me really interested! I was wondering if anyone here could possibly share or recommend ...
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Buying a Previously foreclosed/Redeemed Property
What are my risks of buying a property which was sold at a foreclosure auction to one party (who may have made immediate improvements) and then the property was taken by a party which had purchased/exercised redempti...
Davide Pascucci
FLIP QUICK QUESTION
Hi Bigger Pockets addicts!Quick question for you.I came true a flip deal, the numbers runs good, but they do not give me any option period.Should I go away or try to bet in a black box?I would select the first option,...
Ellis San Jose
Can you freeze a HELOC? Sub-2/Master lease w/ option acquisition
FACTS: SFHFMV $650kARV $700K1st $430k2nd $ 51k (HELOC max line is $350k)possible rent $3200-$3500mtg payments $2,800Seller is open to long term master lease or sub-2Deal is not suitable for a quick flip. Question: How...