Hi everyone,I am a wholesaler in New Jersey - my attorney told me shortsales in New Jersey are illegal to wholesale. I know that shortsales are dealing with houses that have negative equity, but I still don't fully un...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/34189/small_1694558615-avatar-reader.jpg?twic=v1/output=image&v=2)
There’s a house to be auctioned in June. The balance on the loan is about $195K, the purchase price was about 240K. It was purchased weeks before the crash. Present ARV is about $130-140K.
I want to be as certain a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/412444/small_1697257846-avatar-leeroy.jpg?twic=v1/output=image&v=2)
Can someone explain the Brrrr process to me? Using example numbers
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1150068/small_1696482181-avatar-romeros1.jpg?twic=v1/output=image&v=2)
Hi everybody! New member and first time posting here. I’m looking to get started in real estate. I am particularly interested in rentals for their long term stability and wholesaling for raising cash. Raising cash is ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/763291/small_1695079561-avatar-khanht1.jpg?twic=v1/output=image&v=2)
Hi,We have bought a property from the foreclosure sale couple months ago. After the previous owner received our vacate notice, she hired an attorney to sue us, trustee and the bank. We have talked to trustee but they ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1867947/small_1660875593-avatar-brandong338.jpg?twic=v1/output=image&v=2)
Hey guys I have been reviewing a few mortgage lenders online and trying to see which are the best. I am rebuilding credit and just under 600 and just needed advice on which lenders would still help or where to go to g...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1839986/small_1670107293-avatar-keithn57.jpg?twic=v1/output=image&v=2)
I’m thinking of working with a hard money lender. I’ve looked them up on the BBB website and I can’t locate them. He sent me a website that really doesn’t provide any info. Is there a better way research a lender and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1862500/small_1621516214-avatar-nicholasc305.jpg?twic=v1/output=image&v=2)
Hi Bigger Pockets Community,I am a recent college grad looking to learn and get started in real estate. I see my one competitive advantage right now as being able to move almost anywhere within a 100 mile radius. I wa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1541869/small_1621513379-avatar-jobeevincent.jpg?twic=v1/output=image&v=2)
Hey All!I know your time is valuable so I’ll cut to the chase. I’m investing locally in northern NJ so homes are very expensive, but it’s a market I’m most familiar with. In September I bought a 4bed 2bath multi-famil...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/890362/small_1621505064-avatar-michaelo149.jpg?twic=v1/output=image&v=2)
After spending months and months reading post after post and listening to podcasts seemingly all day long, I decided it was time to get off the bench! I had watched anything and everything @David Greene, we have very ...