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I locked up a good deal last week and had it wholesaled in a matter of hours for a $20k profit. The seller was satisfied with the deal at the time of signing, however, one of the "buyers" on my list was competing ...
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I always thought I did a good job of screening, gut checking, red flag observing – the usual seasoned Landlord stuff. My process:Credit check, criminal check, social security verification, former Landlord verification...
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Hi,I have an agent in the town that I live but I have no contacts in another city that I'm interested in getting into for rental investments. I contacted my agent (hasn't gotten back to me yet) to find out if they hav...
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I'm new to real estate investing (haven't done a deal yet), and have heard some talk about loans being non recourse if they're above a certain dollar amount or for a large property. Do they exist?
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Hello,I'm starting to make my way into multifamily investing and looking for like-minded people. Aside from purchasing my home in 2013, I don't have much experience in real estate. My goal is to leverage the BiggerPoc...
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Hello BP Experts,
I am about to start a BofA short sale. The property is a 4/2/2 in a good neighborhood. The balance on the loan is $97,000 and the house is worth $100,000 after repair. It will need some updates. I h...
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Hello Folks,I would appreciate it if I get some advice on one of our deals. We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015. However, during the last walk t...
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In end of October 2019, I purchased a 4-plex for $175,000 in Cleveland but my appraisal came in for $245,000 at that time. 10 months later now, I want to do a cash out refinance but the appraiser this mortgage company...
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hello BP in about two hours I'm going meet an agent to look at a 4plex right around the corner from where I live. I'm nervous and excited at the same time. The plex is listed for 200,000$ With three rented out for 105...
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Hello BP! Long time lurker first time poster, I love you all for all the things I've learned from this community over these months, but now I need your help. We are buying a first home near the Austin area of Texas, f...