Hey BP, Looking for advice on a deal that I want to buy. 1st the deal specifics then the issue. 4/2 can be bought for 20k, needs 15k rehab, 2k in back taxes owed, ARV is a conservative 65k . Looking at the house as a ...
It's my understanding that using seller's cash-back is fraud when you are inflating the price beyond market value. Here's an example:Scenario 1
FMV: $300,000Sale Price on Contract: $350,000Cash back from sellers for ...
BP, I have a great opportunity to purchase a home being sold by my in laws. They are pricing the home well below market value if it's sold within the family. I'm a new RE investor and feel like this would be a great...
So after direct mailers have been sent out and sorting through the phone calls and setting up meeting with seller
Where does everyone get their contracts to have them sign?? I.e. Cash, seller carry back, and subject...
I was talking with an owner, I will not end up buying from him for the record. But initially he said he doesn't want to sell to a developer who is going to alter the house or tear it down. I told him I am not a develo...
Still in search of that first deal. Failed attempt #1 was pursued with a letter of intent which I sent to the address on file at the assessor's office. Through my carpentry abilities, I articulated well and made it kn...
Can I bring through a contractor and 2 end buyers (all in 3 separate appointments… not at the same time)?
I don’t want to bother the seller with too many people coming to their property.Hope this question brings the ...
Hello Bigger Pockets,Don't you love the game when you need to find out who is lying to you. So I'm in title for a house worth 60k with no loan on it, purchasing for cash for 28k, and I'm hoping to turn it around and s...
Hello everyone. I have a woman that wants to sell her home toMe with an existing mortgage of about $30K and an ARV of about $70K. She wants to sell her home but she is distraught because she had a title issues with he...
What are some good companies to provide motivated seller lists?Like absentee owners, probate, tax delinquent, vacant and more and which websites has best data?