Apologies in advance that this is so long.Backstory:I’ve been researching and learning about real estate wholesaling (listening to BP Podcasts, listening to Flip2Freedom Podcasts, etc.) for the last year and finally t...
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OK - I've lurked here for a while and I have learned one very important lesson.... the biggest problem people have is GETTING STARTED (including me).
:oops:
So just to make sure I'm not crazy... here is my simple p...
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I closed on a house about a month ago. Yesterday I received a call from my Title Company saying I need to write them a check for $10k. I went back and took a look at the HUD sheet and it appears that they wrote my dep...
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One of the person on bigger pockets found a house that was like 170k and had 90k left in loan and he made an offer of 55k and the bank accepted the 55k short sale... i am trying to do something similar, how can you te...
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I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
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Hi, trying to figure out logistically how to go about this plan. We wanted to sell one of our rental property in a HCOL area that’s about $1mil into multiple cash flow properties in out of state that is in the range o...
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I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...
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Hey, I'm working on a spreadsheet and I'm wondering:
Does the Net Operating Income include deducting the costs for the "big items" that happen every so often, like roofs, parking lots, etc? I mean, if I set aside 3...
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Hello everyone,I recently came across a duplex property for sale that is also zoned to be 3 units if desired in the WA state area. I am having a hard time determining if it would be worth it to convert it into a trip...
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I've got a seller that is willing to finance about half of the down payment for a property that i'd like to purchase by holding some of the equity back in the sale of the property. I wasn't certain on the tax implica...