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First let me say I am not a wholesaler but have been the end buyer on a wholesale deal. I came across a property that the seller can't take no less than 80k. Properties in the area go for 130k roughly for a 3/2. My ...
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Greetings BP's Community!I don't know how "innovative" this is or isn't, but I'm still working at my first property. I have a property in need of renovation. The seller is agreeable to do some form of seller-financi...
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Hey everyone, new to BP, I came across an opportunity and I’m hoping to get some advice on a solid approachI came across a seller whose planning on selling their multi family in a few months, with the plan to rent fro...
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Does anyone else feel my pain? I'm looking at properties trying to see if there is a good deal to be found but it seems sellers of small multi families are living in a dreamworld when it comes to prices. When I run th...
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Is it appropriate for a Real Estate Agent to wholesale an "as is" property that is not marketable on the retail market (due to poor condition, deferred maintenance)? And if so, does there need to be a discussion with...
Who can help me if I want to buy an off-market distressed property ‘subject-to’ the current mortgage?
The way I understand it, I would take title but leave the current loan in the seller’s name. This would allow me t...
I’m looking to buy first deal, it is a off market duplex for 55k. The bank I have reached out too, is asking for 25% down because it’s an investment property. He is estimating closing cost of 6,000 that includes surve...
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Does this happen often, deals falling through? I've just started wholesaling, week #5 for me, and I've had 2 deals (only deals I've had thus far) fall through. 1st deal didnt complete because the home owner wanted 30k...
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We recently entered into a contract to purchase a property. The seller was moving from PA to NC and was motivated to sell quick. The property is in PA. We got the property under contract. Him and his sister were on th...
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I'm in the process of purchasing a home and looking for some advice or others opinions. I am purchasing a home from a family member for about 150k below market value. My two options are to receive a gift of equity for...