Joe Farrance
HUD Homes for wholesaling or fix and flip
Hello still experimenting with this process of wholesaling and trying to find houses that would be a good fit for a local investor, so with that in mind I'm trying to find flipper uppers that will generate at least a ...
Mark Pisani
New member from Germany
Hi everybody!
I’m new to the community and moved from Germany to the US three years ago. I’m really excited about real estate in the US. It’s so much more profitable than in Europe where the average ROI is 2%.
My f...
Ron Masters
Broker Representing Both Buyer & Seller Question about Commision
This happens a lot in Southern California and Im trying to understand the dynamics.Broker originally represents seller, and ends up representing both buyer and seller,Broker finds a buyer, but broker is only getting %...
Ryan Moore
Should I add a contingency if units go vacant during contract?
2 years ago I purchased my first buy-n-hold investment, 4-plex that was 100% occupied at contract signing. While under contract, 2 of the 4 units went vacant without notice from seller. I discovered 1 vacancy from a...
Francis Santillan
Where to start looking foreclosure houses in New Jersey
Where to start looking for foreclosure houses in New Jersey?
Andrew Merritt
What Type of Loan for Two Buildings in One Transaction?
I'm looking at two separate deals in which multiple buildings (w/ multiple TMS numbers) would be sold under one purchase price. One deal is a quadruplex and a duplex, the other is two quadruplexes and a duplex. I've...
Barry Vaughn
I need help with a purchase of an investment property
We have been property owners for 3 years. I did a 1031 exchange to purchase 2 properties totaling $260k. We have a total of 5 properties and are looking to add more. We have been looking for the right properties to pu...
Gustavus Adolphus
How to rent huge apartments
I bought a two-family house. Each unit has four large bedrooms, plus dining room, parlor room, etc., and is over 2000 square feet (per unit -- the house is 4000+ total). The units are well maintained and have lots of ...
Account Closed
Live-in house flipping
We're selling our home and want to use the cash to invest in a small house to flip. So, if you live in a house for 6 months, fix it up, and sell it- it's my understanding that we will have to pay the short-term capita...
Ben C.
Can someone answer my hard money lender questions?
Hello,
1) how can a hard money lender commit to a rehab amount they will fund prior to closing? Architectural drawings aren't done until after you close property (and only then can you have exact #s from contractor)....