recently, a fellow investor and I were discussing the most difficult aspect of wholesaling. He said that he found it to be finding TRUE comps. Have any of you found that to be the case? Because I am just starting out,...
Hello everyone, this is my first post on BP and I'm hoping someone out there would be so kind as to asnwer a few questions I have. Before I ask the questions, I'd like to point out that I am a complete newbie to the w...
My sister is looking to sell her house and there HAS to be something I can do here. Off the bat, I'm doing this to make our entire family better off, not just myself.My sister bought a foreclosure for $230k-ish, my mo...
From most people I have talked to, and what I have read, most people that rehab for a living use OPM most of the time or a combination of the OPM and cash. I get the point of if you can invest your cash for a greater ...
Property $40,0000 + $3,000 Rehab ($850 Closing) - Rent conservative $700/mo - optimistic $750/mo (its a 3/1 I have a 2/1 close that I rent for $700 right now)Commercial loan from portfolio lender that will finance u...
2.5 years ago we bought a second house and rented our first house. The first 8 months were a little scary but since then our tenants have been amazing! They are now in the house for 2.5 years. We live in Colorado alo...
We bought a place for cash (got a great deal) and are trying to finance it to cash it out (we gave the approximate value that it should go for). It's our first time doing this. We do have a tenant. Process looks good ...
Texas being a non-disclosure state, I understand most "free" online resources are not reliable source of pulling DFW area property comps (unless I am missing something?). As such the only reliable way would be to get ...
I have been on BP for some time now reading blogs, listening to podcasts and browsing the forums. There truly is no other place like BP for learning real estate investing. I have learned so much from this site. I f...
Owner in Foreclosure
- Value 250k
-4br/2ba
- amount owed 235k
- default amount 7k
- monthly mortgage payments $1475
- owner wants to walk
- condition: great. rent ready
- monthly rents for similar properties $1650
...