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I was hoping for some insight on the as is value of a home. Say the house has a potential ARV of 450K, but needs 50k repairs. Is the As-Is value of the home 400K? What if the house has mold or something, could it be s...
Hey Bigger Pockets!
We have an opportunity to buy a property so that I can open my own homeschool learning community in my new town in Maryville, TN. The property is 3.5 acres, has two manufactured homes on it that...
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We are about to begin the process of purchasing our first home and I was hoping for some insight into the pros and cons of getting a 15 yr fixed mortgage with the following scenarios: 1) minimum down payment, and make...
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How are flippers in CT handling title seasoning issues. I would assume your retail buyers are mostly first time home buyers using FHA or similar programs which have the restriction of no transfer for 90 days. Can a L...
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Hello everyone
I have an opportunity that I am trying to take advantage of and want to know if I can also take advantage of the 1031 exchange. I have a property that I am close to finishing. Our intent for the proper...
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So I’ve been stuck for a couple years going back and forth. Any advice or where to go?
In 2018, along the Texas gulf coast, I purchased a group of (4) homes next to each other via owner finance.
The sell price w...
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Hey guys, I been working (self employed) with my brother who owns a used car dealership here in Phx,az for some time now, I would like to buy my first home for investment, normally i have between $20k and $30k in my b...
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So here's the situation, my parents have a home in my hometown and are also renting one out in Chicago after we moved here, he makes both the rent payment and his own mortgage payment for his home. There confused on w...
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A question I often here from newer wholesalers is: "What comes first, the seller or the cash buyers list?"I say neither one is correct. A Market Analysis should be your very first step before you begin prospecting for...
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Hello BP members,My parents live in a mobile home in San Jose, CA. It is owned free and clear under my sister's name; however, she would like to transfer the title to me. There is no exchange in money involved as we ...