I am closing on a 2 unit in two weeks and was able to negotiate a new roof and other minor repairs to be made after close using funds from the seller out of sale proceeds. We have written estimates lined up from licen...

I am trying to gain a better understanding of the comps process and also calculating repairs. From what I've seen, many new wholesalers make the mistake of inflating ARV values out of inexperience, greed, etc. what ar...

Hey I'm new to this and I have a deal but I want to know if its put together right. ARV -155,000  65% rule 100,750  repairs 10,000 points 5,037.50 purchase price is 85,712.5. So should I ask the lender for 100,750?

What is the typical investor discount and assignment fee on a wholesale deal?

Hey guys, My properties are a 3 hour drive from my residence. I don't visit as often as I would like. I have what I think is a good relationship with my property manager, his fee is 7% of monies collected including se...

Is it legal, per the IRS, to rent my primary home back to myself? I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but t...

Hello,I am currently thousands of miles away from my townhouse, but was advised by my property manager that my hot water heater has sprang a leak and caused water damage to my home and my neighbors home. As a result, ...

I'm going through a situation where I will have to hire a Property Manager as I will be long-distance landlording. My home warranty is up for renewal and I am weighing the options.Is it overkill to have both a Propert...

So, what I'm finding with hard money (still having trouble finding private money) is that many HML will lend up to about 65% of the PURCHASE price of the property (not the ARV)... leaving the purchasing investor to co...

So I have a hypothetical situation:
Lets say a properties ARV is $550k,
Repairs are $75k,
And Wholesale Fee is $10k.
Using the mao formula:
$550,000*80%-Repairs-Wholesale Fee = MAO of $355k

When I am making my...