Paul Williams
Quick guide with cost estimates for flipping properties
An aspiring investor asked me for some advice on how to buy, repair and sell properties for profit. Here's the advice I shared. Don't crucify me if my median numbers don't match yours or aren't realistic in your area....
Rocky V.
Case Study - Newbies/Oldies, What would you do?
Here is one of my own deals for those looking at getting started. I just closed this one out last week.Case Study –Received a motivated seller lead from Facebook. Property details:1600 sqft, 3 beds, 2 baths, 2 car g...
Rob Scarborough
Best way to structure this deal?
I posted this earlier in a different forum. Mods, feel free to delete one or the other. I felt it was better suited for this group.Good afternoon, and thanks in advance!I have been talking to a woman about selling h...
Chris Seveney
Seller kept horrible records
Found an off market multi family that a women wants to sell (she is elder and husband recently passed)
The duplex has two tenants but she noted they have been on month to month for years. Told me what they pay but h...
Jamie Spitale
LTV question
scenario:Let's say I find a home valued at 100k and the seller is asking 65k to purchase the property.This 35%LTV right?If I am correct and I find a lender who requires 25-35% LTV to fund the loan will the lender fund...
Adrian Smude
Meeting with the first potential seller
First off I'm a long time DIY landlord so I have real estate experience on that side of things. I've been driving for dollars and mailing out hand written yellow letters. I received my first call last night and the ...
Randy Coffren
To wholesale or to not wholesale? Help BP!
I currently have a property under contract and need some advice. The property at hand is a friend's that I've agreed to help get rid of. Any profits from the deal will be a JV contract. I have the contract for 70k and...
John Blythe
Less than 1%
Hey all,I'm looking at some property that is in an incredible part of town and has been on the market (off and on, I think) for 6 months now. There are two or three duplexes being sold by the same seller, so they seem...
Jacob Howell
How Much to Sell the Deal
After driving for dollars in Pittsburgh (finding vacant houses) and sending direct mail to the owner addresses, one of the sellers called me and said he wants $20k for his house. The ARV for the home is around $140k, ...
Briana Hesselbein
Furthest away from home you'd have a rental?
so I'm very new here only 20. Not looking to invest for another few years (get my degree build my credit and savings etc) but after I get my degree I was planning on moving to south Florida, obviously northern Florida...