Rob Randle
Figuring out max offer - Well here is my plan, advice welcome
I put an offer in today on a duplex that I plan on living in with a FHA mortgage. It's my first offer on a multi family home. The property already had an offer on it so I submitted a "strong" offer. The list price f...
Jerry Padilla
What to buy? and Why?
My best recommendation for purchasing an investment property is a multi-family owner occupied home!
Why?
You are living for free or pretty close to it.
You get the real hands on feeling of being a...
Account Closed
Direct mail marketing in winter season and ahead of Holiday season
Hi BP members, For those doing deals in the northeast, what are your thoughts on doing direct mail marketing during the winter months and ahead of the holiday season? I am looking to launch a marketing campaign but I ...
Don Konipol
Getting Ready to Start Getting Ready
These are actual instances of people not understanding what entrepreneurship is about1. A good friend of mine told me he started a company to purchase and manage surgical centers. He had no capital to contribute, no ...
Robert Burns
Is Low Balling Sellers a Normal Part of Wholesaing?
This is why I find wholesaling a challenging niche. I'm working with some sellers of a really nice inherited property that needs significant cosmetic work. ARV: $205,000. I talked to a rehab/flip couple I've worked...
Jason Davis
I want to flip Need Finanicng
I have located a Forclosure I want to flip. The listing started at $159k, now its down to $124. I ARV is $140K to $160K. I have done a walk through and cosmetic repairs are running about $4 to $5k range. The only ...
Eve Mahoney
What to ask personal references
I have prospective tenants who have no prior rental history. They live with their parents. I ran a credit check and they have good credit. Their income is low for the property. They gave me personal references - frie...
Jennifer S.
Cash-Out Refi or Sell Multifamily
I have a 4-plex in Los Angeles and I recently relocated to Florida. I did a cash-out refi right before I moved to take advantage of low interest rates. Everyone keeps asking "Why didn't you sell the building?". Most ...
Mercedes Smith
hard-to-believe low interest rates in Utah??
Hi, I just happened across Associated Mortgages in the Salt Lake City area of Utah. They have interest rates for 30 year conventional mortgages at 3.75% right now, March 9, 2019. This seems exceptionally low. Has anyo...
Rob Thompson
The dynamic in Colorado Springs rent vs. buy
As an example of the dynamic here, I currently have 67 people looking for rentals for $1,000 or less. There are 21 homes in the MLS. Oh that I had the capital to buy homes -- instant demand. Rob