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Hey guys,I have found what looks to me to be a decent deal. A condo for sale for $109,000. The bank owns it from I think a foreclosure. From what I can see all it needs is a toilet and one small piece of drywall insta...
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I invest in Michigan, from out of state. I’m from Michigan, originally, and I am going to move back in the next few months. I have recently begun a direct-to-seller campaign to acquire discounted properties for a numb...
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In David Greene's BRRRR book recommended by BP he suggests buying the first property and rehab cost with cash. Is this the only way to get started?
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Investment Info:
Single-family residence wholesale investment.
Purchase price: $109,500
Cash invested: $1,000
Sale price: $117,000
We purchased this property from a tired landlord who was ready t...
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Hello guys,
I am fairly new to investing and had a question. One thing about me is that I never limit my options and when I have my mind set on something, I look at every single option I have to execute my mission; ...
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Hey everyone!My partner and I are looking to make our first offer on a house within the upcoming months, but we are still in school so we aren't able to pull a conventional loan. This brought us to consider seller fin...
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Property owner is no longer able to depreciate property and said that if he sells he’d need to pay 20k. He asked if I would be interested in doing something creative with him. I am not an accountant so I’m not really ...
Hello I’m buying my first investment property a single family home. An appraisal was done and it came in at less than the prize agreed upon. The seller doesn’t want to lower the prize. My question is can I walk away f...
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Which financing is best when implementing the BRRRR strategy? Why?
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I found a seller looking to sell a 4 unit, I haven't checked but I'm almost certain I will not qualify for the full amount. How can I get creative with my offer? Can I offer paying him the difference after I get the ...