Donald Placide
Wholesaling to motivated sellers
Hey BP family after listening to a few Podcast I'm starting to rethink instead of buy and hold using the little cash I have I think wholesaling might be the better choice.Was wondering What type of monthly budget I sh...
Gabe Larkin
Partial Interest and two deceased owners
I got a call today from a abandoned home lead via direct mail. The lady who is listed as the owner of record is elderly and on fixed income and said she could not afford to pay the taxes or keep up the house any long...
Ben S
This seems to be more reason to stay away from condos!
Was just reading this article regarding a condo community's HOA dissolving, and the owners - owning roughly 90% of the complex - decides to sell out the community since they cannot afford it. This ends up screwing ove...
Zach H.
Needing insight on how to find properties,foreclosures
Hi, I am new to this business and have been trying to get into wholesaling before I try anything else. I am curious is to how to find a lot of the properties when they are fresh? I know a lot of people that do this in...
Jerry Poon
Deal Analysis
Am I doing my math right?I found a place for around $130k. Mortgage with 20% worst case is $700/month. Research is telling me I can get around $1200-1400/month for rent. Here are the numbers:20% down = $26,000Overesti...
David Brodeur
Foreclosure funding
So, I'm a newbie/want to be invest and have been doing a lot of research but still confused about how to get started and take that first leap. Here is my plan, I would like to start out in a few low balance flips, wit...
Robert Iovine
Short Sale - Lender approach?
There is a property in my local market that I have my eye on as a potential flip. The current owners are refusing to accept any offer below list as it will require the them to bring money to the table. The list price ...
Zach Kirkton
Low Equity but highly motivated seller
Hello All! I’m looking for some advice on a lead. The seller is very motivated and says he’s been trying to sell for years. The property is vacant and he is behind one years taxes 4K. He has a loan open for 121k and n...
Jose Zaldivar
How can I pay my parents?
Hey all, here is the situation. My parents are getting old and want to retire, they have the house I grew up on with over 200k in equity and a small mortgage that they still pay. The mayor obstacle that we have is tha...
Briana McCance
My tenant wants to buy the home she’s renting from me
Hi everyone, I want to sell my rental property in Detroit and my tenant let me know she’s interested in purchasing it directly from me. Her credit isn’t good and she cannot get a mortgage. Could I have some advice on ...