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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...
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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...
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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...
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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...
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Hello all, I am very close on closing on my first property. It is a 3 unit apartment with 2 units already being occupied. As the current tenants been there for some times, deposits as well as the rents seems to be low...
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Hi all! I just spoke with an attorney refered to me by a wholesaling colleague after faxing him the purchase contract that I plan to use. It is a simple, one page contract that contains all the necessary fill in the b...
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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...
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Hi BP community!My wife and I recently purchased a duplex in Atlanta. It's the first property I've owned - I'm learning a lot. We're house-hacking and are using this property as a buy-and-hold: we are fixing up the si...
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I think I am at the point where I need to start using hard money. What should I, or what do I need to do first? Do I get some kind of preapproval? Do I find the property first? Do I make a offer contingent on financin...
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We own a house. 1600 Sq Foot FULL of stuff. Genuinely need to declutter. On 1/3 acre in not-so-hot-not-toooooo-bad neighborhood in city. As-is could move for about maybe $80/85K. Maybe.
On 2/14, cruising Zillow,...