Tracy Sharpe
Help in Analysis of a potential assignment
I am not sure if I analyzed a particular deal and wanted some feedback.I know a person who has a house valued at $152,000 according to Zillow. He owes $77,000 on his current mortgage. I am estimating $20,000 in Rehab....
Gurjot Grewal
First offer contract, do I need an attorney?
Hello BP,I'm making my very first long-distance offer on a property using an agent. He has sent over a very long purchase contract. I read it once and will have to re-read it a couple of times. But noticed nothing out...
Jon Mccarthy
First flip "maybe"
I found a house I want to buy and flip it is going for 79,900 I want to offer 70 for it. I think if i can dump about 30 into it I could get about 130 to 140 for it. Here is the problem the seller does not want to sell...
Daniel Pitta
Do you get home inspection for properties that you wholesale?
I have a buddy that wholesales properties in VA, and is telling me that it's a good idea to network with home inspectors to check out the property after you've gotten it under contract. From there he forwards the insp...
Chris L.
What do you think about making multiple offers at once....on the same house?
I know a successful investor who gives up to 5 offers at once to a seller. They range from "my price, your terms" to "Your price, my terms". Basically: his cash offer, his seller-financing offer, and a few combination...
Brian Varmuza
High offer to negotiate later?
Hello,
I have heard of a strategy that goes as follows. On an REO property with other offers when trying to negotiate with the bank you present a strong offer to hopefully go under contract with an inspection conting...
Marquell Jones
What if the seller is stuck on there selling price?
The seller is stuck on 110k selling price/asking price. Arv is around 160k. Do I need to run the numbers until I get to that 110k that he wants or go in another direction?
Brendan Chisholm
The progress to acquiring 50 units in 2020 - January Update
In 2020, I want to share my experience with the Bigger Pockets Community of finding, vetting and (hopefully) acquiring 50 units.
The new decade did not start off the way I envisioned it. My team and I had a 25 unit a...
Obaid M.
Houston suburb area (RIchmond) - purchase new or old home?
Hello all, first of all, thank you, thank you and thank you. Over the past few days, I've been reading pages after pages and forum threads on BP and really really appreciate all the expertise, advice and information t...
Maryna DeMasters
Property with contingency
I’m facing a situation with the property. Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the pro...