Bubba McCants
Navigating the Tides: How Current Economic Events are Reshaping Real Estate
Hello BiggerPockets Community!
I hope everyone's investments are thriving as we navigate the ever-changing currents of the real estate market. I thought it would be valuable to kick off a discussion about the latest ...
Chris Slater
Seller Financing for 1st Rental?
OK I need your help I have a listing that I want to purchase on a land contract. The seller has a USDA loan still on the property can we do a land contract with the title company and record it at the county as my prop...
Paras Shah
wholesaling and "subject to" transactions
Hi,
Can you get a property under contract (that you will eventually wholesale) from a seller without engaging in a "subject to" transaction if the seller still has a mortage on the house? Here I am assuming the sell...
Tony Colquett
Need Help!
So, a seller calls me up wanting to sell his property because him and his wife/girlfriend have split and he has been waiting for disability checks for 5 years. He has a "contract for deed". He owes $9500 on it. Mon...
Julie Daniels
Making an offer on my first multifamily
There's a 4 unit multifamily listed at $180k. Each unit rents for $650, though 2 are currently vacant (though ready to rent), due to the owner getting a new full time job and not showing after the other people moved o...
Margaret Payne
Tenant wants security deposit refund in cash
I purchased my first house hack that was fully occupied at the beginning of April and provided a notice to vacate to one of the tenants to move out by May 31st.He has let me know he found a place and would be out soon...
Anthony Howell
Best Deal vs. Worst Deal
I thought it would be fun to hear some of your guys' best deals and worst deals. I'm just starting out so I am trying to learn as much as possible. In my research I have learned that a borrowers biggest motivator to c...
Michael Glaser
Seller Owes 96% Of Asking To the Bank | Seller Financing Ideas
Been a long week and my brain is having troubling figuring out how to make this a deal. The current market climate is forcing many, more often than not, to make a deal.Seller moved across the street with her new husba...
Guillaume D.
How I Doubled the Value of my 8-Plex in 8 months!
Hey guys,So here's another success story from me. Last September, my partner and me bought an 8-plex for 660k with 52k in annual gross revenue. Market value for the property was appraised at 905k and economic value (b...
Mike Canfarelli
Illinois in shambles
With Illinois in a total nose dive and many people wanting to flee to other states, is this a good or bad thing for wholesaling? I see a good side because everyone is trying to sell and will take anything to get out f...