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Hello BP Family,I'm close to closing on my first deal, and I'm feeling some trepidation which may be the cause for some of the following questions. I'm been in the midst of negotiating the purchase price for an occupi...
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I really need your help BP, I am fairly new at wholesaling properties even though I quite a few under my belt. Recently another wholesaler told me I was selling myself short on assignment fees. He (the other wholesale...
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Hello Everyone!I'm a new prospective investor hailing from Pennsauken, NJ. I'm a health care professional that works in Washington twp. I've lived here most of my life with a brief 3 year hiatus in Phoenix, AZ. I neve...
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As you can see my professional background is in banking. However, I have been looking into buying a mobile home park or just mobile homes (and pay the lot rent). I wanted to get some opinions on which people prefer....
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Hey everyone! Have a slight dilemma, I have been licensed for only 5 months, and I am only working part time as an agent as I have a full time job because my wife and I can't afford for me to quite and go at it full t...
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One of the advantages of investing in multifamily real estate is the ability to get non-recourse loans on investment properties through Fannie Mae. These loans are fixed long-term (5,7,10,12) loans with 30 year amort...
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Hi BP,Joined a month or so ago, but never really posted an intro. We're from Austin, TX. Got started in REI back in 2007. Our first investment property was a SFH in Round Rock, a suburb of Austin. The property was an ...
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Hi,I have a property that has been rehabbed and i wanted to refinance out. I talked to a lender who said in order for the property to be refinanced, it has to be 6 months since i originally bought it. In order to re...
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Area - Chicago NW Suburbs
16 Miles from my place.
2Bed/1Bath Apt
Looks Clean, Move-in Ready
Bid Price - 38,500
Asking Price - 35,000
Offer Accepted by Fannie Mae Today.
...
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I'm a new investor and I currently have an assignment deal in Baltimore Maryland, below are the numbers for the dealARV: 225,000Rehab: 80,000Purchase: 75,000I am currently working with a mix of local and national lend...