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It feels like forever ago now, but back sometime in mid-2018, I put an offer in on my first short sale. A little over 5 months later, that offer was accepted and closed, making it our 6th flip and 3rd for the year. Wh...
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My partner and I purchased a home two weeks ago. It was a great deal in terms of price and potential resale value. One of us feels that this is a house we want to rehab and then flip. The other is not so sure and is l...
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Hi guys. I have a property that I purchased and improved, all cash in September/October 2021. The property functions as a short term rental, to nurses with longer contracts and airbnb in between. The property has b...
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A few months ago I JV'd w/ an investor on a couple of properties. We closed under their business and we have a signed JV agreement. I put the down payment on both properties. At the time I did not have an LLC set up w...
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If the seller agreed to kick back $30k of there proceeds from the sell, for renovation cost on the property. Would you only need the Balloon Payment agreement signed to have the money kicked back automatically?
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Looking for a little help, I have purchased several properties from wholesalers, done over 20 personal deals, and work at a wholesale brokerage in AZ where I have acquired and sold almost 100 transactions in the last ...
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Hello Biggerpockets TeamIs there a calculator that could be made for flippers who want to use hard money instead of cash? Thank you
If I buy a property as a primary residence with 5% down that is 30% below market value, then later down the road convert it to my first rental property, is it possible to do a cash out refi into the LLC leaving about ...
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Investment Info:
Single-family residence fix & flip investment in Lithonia.
Purchase price: $75,000
Cash invested: $25,000
Sale price: $144,900
Hello Bigger Pockets,
Long time viewer, first...
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I do not mean to ask about buying a tax lien, which is different.
My county in PA has first an "upset sale" , in which you are buying the actual property, but any mortgages, liens, etc. are still attatched ....