Christopher Camerano
Opening bid vs REO asking price
Hi All, I'm considering purchasing an REO for a primary residence. I've looked at the sale history, and this particular property had an opening bid of 175k, didn't sell, and is being marketed at 345k. I have a few...
Jerriell Williams
When should I make an offer?
I am looking to buy my first property. I have one that fits my criteria if for the right price. If I can get it for 180k or under, good. if not walk away. I am currently looking to get a home inspection. The property ...
Michael Westberry
Making the offer
Is it better to make the offer on the first visit to a home or take a day to make sure your numbers are correct and you estimate rehab as much as possible?I realize both sides would have pros/cons but wanted to get an...
Julius Smith
Can't Finance Property because Seller Removed Kitchen Cabinets??
Hey everyone,I'm pretty new to bigger pockets and RE investing in general, so hello to all! Have a question. I was in the process of writing an offer on a vacant property and my realtor just called me saying we couldn...
Ma D.
Short sale negotiations
I saw a short sale "2 legal family" property in an up and coming neighborhood. The price is set for 220K. The property itself needs at least 60-80K to fix up. The comps in the area are low 300's though.
Here is wh...
Account Closed
Under Contract and Basement Flooded. Now what?
We're under contract on a primary and we were just notified that the basement flooded. The entire basement has a sheet of water after an unprecedented heavy storm. Sellers sent photos through our attorney. What kind o...
Kyle Wenger
Structuring an offer
Hello!So I have found a for sale by owner deal that I would like to make a cash offer on. How do I structure the offer so it gives me time for contractors to come in and give me a quote on the rehab costs? How do you ...
Saeed Bayani
Make a deal without a birddog!
Is it possible to make a deal without a birddog (for another city) ??
Darrell James
Real estate company buying property and building homes
there is a company who is buying property, to build houses in this gated community. They offered me $13,000 i said no. they just made another offer today for $20,000 i said yes. i figured since, I'm only $10,000 into ...
Brandon Cooper
New rental under contract, will close next week
Hi all, i found this property on the mls and was able to walk thru it the next morning. The ask was 65k. Arv is approximately 80k. It needs about 20k in repairs, new roof, windows, a bit of electrical work, water heat...