Jim Keller
Buying my first wholesale deal in California
Hi BP people,Was offered a nice home in an upscale subherb north of down town Los Angeles Ca. Being my first wholesale buy I find it rough, the terms being dictated by the wholesaler are a $25,000 nonrefundable earnes...
Rebecca Morrell
About to make first HUD purchase!?
Hey guys,
Looking for some quick advice on a HUD sale:
My boyfriend is going to be making a full-price offer on a HUD property tomorrow, and I'm trying to figure out what the bottom line is for the amount of money ...
Jason Antonio
Performing DUE DILIGENCE (NOTES)??
When performing Due Diligence on a prospective investment in this case a Mortgage Note.. what questions are we looking to answer other than maybe status of title and estimated value of the physical property? Any input...
Dan Valiente
BRRRR LTV Refinancing With No Seasoning Period
First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does...
Kevin Hafemann
[Calc Review] Help me analyze this deal
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*This link comes directly from our calculators, based on information input by the member who posted.
Faye Fu
Please help! Trying to buy an apartment building
Hi,friends I am helping a couple friends to buy an apartment building . It is located at a college town, total 32 units and 46 beds. It was built in 2011-2012. Last year's net operating income is 266,000. seller is as...
Brice Hall
Forbearance bites you in at A$$ and holds you hostage! Help!
In case you didn't know, you cannot refinance a property that is currently under forbearance. That's understandable, but what isn't IMO is that it also prohibits you from refinancing any other properties that you may ...
Rik Chatterjee
How will COVID-19 change the average rents?
How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...
Account Closed
Tax benefits with real estate
Hey guys, I got married this year and I’m trying to find my first real estate to buy. Because of the amount of standard deductions I will now get, I was thinking that taxes will be better if I get depreciation instea...
John Son
Opportunity, or not?
Hello everyone! I'm a new member looking for advice about an opportunity I've been given.Due to my new job at a large mortgage lender, I started listening to BiggerPockets to familiarize myself with the real estate in...