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I found a single family home for $87k the Arv is at 142k. ( I am rounding off the numbers) My question is how long would i have to wait before i can refinance? I will be using a little to no money down tactic. I h...
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Hi,
I am looking at purchasing 2 four-plexes (seller's stipulation that buyer must buy both at the same time). Each four-plex is going for $129K in Phoenix. Each building has four two-bedroom/one bath un...
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Hello everyone,
I have a "tired landlord" with 3 run-down properties in not-desirable neighborhoods. She and her husband manage the properties themselves, and are letting their tenants take advantage of them...
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Greetings Community,
My Name is J. Lancaster & i am completely new to RE Investing. I've read a ton of books but have absolutely no experience. I've chosen to begin with Wholesaling to generate seed cap...
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When making an offer, what do you consider a good starting point? Is 30% below retail asking price too offensive/too lenient? I know you're supposed to feel somewhat embarrassed re: the offer, or you're not being...
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Hi guys,
I'm about to rent a house to a couple, a guy AND a cat. Well, we verbally agreed to an amount and again, since I was going sooo fast since I had eliminated the initial person I picked and was trying ...
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Hey there,
I've been watching HUD homes in my area and there is one in particular that has caught my eye. It is a 2/1 SFH in a nice neighborhood. The list price is 69,900 which is significantly cheaper than ...
Good morning,I have been reading about wholesaling and motivated sellers. My question is... Why would someone be happy to sell their house 40%+ below market value to a wholesaler just to close quick? They could sell i...
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Hello everyone!I purchased $186,000-SFH in Virginia using private lender a month ago. I have to pay the payable amount plus interest back in 3 months. Right now, I have been rehabbing the property. ARV is $400K. I wan...
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Hello BP,I'm quite new to this, like the majority of others posting here, and would very much appreciate any advice or thoughts from you seasoned investors.I am getting ready to pull the trigger on my 3rd flip.First, ...