Account Closed
First REI deal looked promising but rehab costs keep growing
Calling out to all investors...How many of you thought you had at least a base hit on your first property and then, in the end it turned out to bite you (financially speaking). I am in the process of buying a foreclo...
Jake Lord
First Deal Gone Wrong
Hello all,
A business partner and I have found ourselves in a pickle with a single-family rehab project that we are looking to flip on the backend. This is a 3 bed 2 bath home that we found on Craigslist and purchase...
Cameron Strong
Wholesaling With Tenant Occupied Home
Is it a good idea to start my wholesale career off with a property that's currently occupied with tenants? Also how do I inspect the property to make a reasonable offer without interrupting the current renters? I have...
Anne Grello
Advice?? Placing multiple offers, but no takers
Hello, I am just starting out and trying to get my first investment property. I am using a conventional loan for financing and putting down 25%. Surprisingly, (to me), I have put in multiple offers on different proper...
Lawton Michaels
Deposit money and REOS
When dealing with REOS, what are some ways a wholesaler can get around having to front deposit money on the offer to the bank before they assign the contract?
Melody Kushi
Seller’s Realtor asking for Bank Statemenf
Hi BP team!!I placed my very first cash offer on a SFR yesterday. I read and signed all contracts, included my Addendum stating I have the right to wholesale and forwarded a Proof of Funds letter received by a lender....
Jerry Jones
Buying without a buyers agent. Sellers agent needs me to make formal offer b4 he shows offer to seller
I'm trying to make an offer on a home and emailed the agent saying I'd like to make a cash offer for $XXX,XXX please let the seller know. He is refusing saying he first needs me to make a formal offer and send it ...
Sebby Gabre Madhin
Sellers trying to cancel contract during inspection period
Hi all-I just wanted to run a problem that my partner and I are running into during a double duplex purchase. Properties are in Central Florida.We recently went under contract for a pair of duplexes off the MLS, and ...
Michele Granata
NEED Honest Feedback from Realtors
Actively looking for my first 2-unit househacking multifamily. I have gotten conflicting feedback from both lenders and realtor regarding FHA loans vs. low-down Conventional. I've been told that FHA makes your offer w...
Todd Collins
Possible Wholesale done illegally?
Made an offer on a house on April 26th, 2023. The sellers countered through a text message from their listing agent which read "My clients want to counter at 365. Heck I am shocked if I had known I would have bought i...