Taro Wichman
Which type of lender might lend on $100k EMD deposit?
I am wondering what kind of lender might lend on a sizable EMD deposit, $100k. Has anyone on the site performed a transaction that required it?
Christian Nachtrieb
Do wholesaler's use both Offer to Purhase and P&S?
Hi BP,
For those out there who wholesale on a regular basis, depending on your strategy, is it common to execute both an Offer to Purchase and also a Purchase & Sale Agreement? I'm obviously going to have my atto...
Aaron Mikottis
First house under contract!! Help with rehab scope?
Hey guys.I just got my first house under contract (!!!) and I'm equal parts excited and terrified. As a result, I'm turning to the Bigger Pockets community in the hopes that I can get some outside opinions on what the...
Brandon Reiter
Closing on a Duplex - NO LEASE IN PLACE
I am closing on a duplex after the first of the year and have a few questions for the BP community. Each unit rents for $275/mo, but fair market seems to be more like $600/mo. There are currently NO leases in place ...
Carl Hebert
1st buy & hold property a 3 unit in Maine
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Auburn.
Purchase price: $111,000
Cash invested: $95,000
3 unit all 2brs. Completly remodeled and renovated. Everything ins...
Adam Bielous
Asking For Financials
Hello all!I am looking to purchase a 2 unit investment property. I wanted to know what is the best time to ask for the financials of the house such as the operating expense that the landlord pays and rent receipts? Do...
Andrew Lang
should a newbie buy a multi family as there first property
I have found a 8 unit apartment in my area . the asking price is $310,000 all units are currently rented for 600.the expenses in this property are $17678. The NOI is stated to be $40822.This sounds like a good deal bu...
Ernesto Hernandez
Top tips for visiting other Markets
Hey all, I'm planning on visiting the Midwest sometime soon. I'm particularly interested in Indy and either Columbus or Cincinnati OH. As a first timer, what are some must do items you suggest for maximizing a total o...
Matt Judd
Are these books cooked?
I recently stumbled upon a potential multi-unit property that has some amazing potential. However, there's a catch as there always is. The books/financials on the property are not as straight forward as they should be...
Steven Clevenger
Financing Difficulties on investment property
Hello all, I was looking to see if the community had any suggestions on non-conventional financing for a home I currently have under contract. I do have financing secured(bank statement loan) but the terms of the loa...