Amiris Brown
Low balling for $100,000 off market value, possible?
If a house could go for $320,000 as is in market value how would someone go about contacting the absentee owner losing money as a rental with $50,000 worth of repairs, with an offer no higher than $220,000 but honestl...
Jordan Archer
Question Regarding Reserve Accounts for Syndications
Hi BP,When using syndication to purchase an investment property, I understand that you would normally pay your LP's between 8% - 10% preferred on their investment, and then split the excess (somewhere between 50/50 - ...
Dan Taylor
Offer accepted on REO, Bank took an additional offer, lost out.
Hello everyone, Friday afternoon I was informed my full price offer was the winning offer on a REO. I was told Friday evening we would have a contract to sign on Tuesday (today) due to the MLK holiday and earnest mone...
Jean De la cruz
Seller won’t do repairs
I put an offer of full price on a rental property in allentown pa, the only thing I asked the seller for was a clear certificate of occupancy and he agreed under contract. Now we are a week and a half away from closin...
Brenda B.
HELP! Closed on vacant/REO house-need ideas-what to do 1st-w/Pics
Hi BP crowd- we just closed on a house through Auction.com-first of all, that process was seamless and fairly quick. We're not sure about our plans for the house- I'm going to live there during reno- we live in aspen ...
Jorge Mendez
Where should I look to invest
Hi BP,Early this year I made my self the commitment that buy a multi family property but so far the biggest problem I had is committing to an area to farm. I'm from North NJ and have looked at places like Allentown P...
Matthew Gundersen
Questions! I'm About to Make my First Offer
Good morning everyone,I am getting ready to make my first offer on a property. I have been reading articles for a long while now and toying around with numbers on my Spreadsheet about potential properties. I have fina...
Allen Collins
New investor in NJ. Low inventory, target specific area
Hey guys, this is my first post. I've been completely obsessed with the idea of owning a multi-family and house hacking to get started. For the last 3 months I've done nothing but educate myself. For the last 2 months...
Netalie Sivan Santos
Should I use my home as my first investment
I am trying to decide my best strategy in developing my investments. I currently wholesale properties, but I am much more interested in flipping and rentals. My single family home in South Florida is financed for 18...
Ryan Teixeira
New to BP from Mississauga, Ontario, Canada
Hello, my name is Ryan Teixeira and I am new to Bigger Pockets having found the site from a mention on reddit. I have currently gone through the first 25 or so Podcasts in the last couple weeks, loving it so far. I c...