Eric Ching
Monthly Cash Flow vs CoC ROI
I'm analyzing a deal in Austin, TX that I would be buying all cash. I plan on holding long term and need some help. After putting the numbers in the calculator my monthly cash flow will be $700/mo. However the CoC ROI...
Mark Fitzpatrick
Buying a second property w/ 1st property equity.
I bought my first property in Myrtle Beach about 4 years ago. I paid 70k and now owe about 50k on the mortgage. I put 14k as a down payment then. It is a 2bd 2bth condo. I recently moved to Charleston, SC for a new an...
Carl Kahkonen
amount of fee for assigning a deal versus doing a double close on a deal.
What would a fee be for assigning a wholesale deal versus doing a double close on a deal. Would you make more money doing a double close versus assigning.
Jim Means
Bargaining Chip Or Not?
Hi Guys, hope everyone had a great Easter.I want to get your thoughts on this question. Is it standard for an investor buying a contract from a wholesaler to pay all the closing cost when the property closes? I ask be...
Josette Reynolds
WHOLESASLING-BUYER$
What's another avenue for finding BUYER$...I want to make sure I didn't miss any. I've tried posting on BP, FB, CraigsList. I've tried JV/Co-selling. I've tried my local investment group. I've tried bandit signs. I'v...
Matthew Terry
What's with $2-$3K closing costs on proforma?
Hello BP Mates,In literally every proforma I look at for buy\hold or turnkey investment properties from companies that market a "hand hold" approach for investors, closing costs are estimated to be $2,000-3,000. Howev...
Satya Nagarajan
Actual Cash Value or Rebuilding Value coverage?
Hey everyone, I am buying my first property - a 4 unit building for $127K. The property will be in my personal name, not an entity. I am definitely getting liability coverage up to $1 million and loss of rents for up ...
Krishonda Johnson
End buyers offer wholsaling deals
"Hello" I'm new to wholesaling and i have a question about the end buyers offer. I was wondering if the offer that you make to the end buyer, is closing fees added into the offer or do you send a offer and let them kn...
Michael Yan
Is this deal worthwhile?
7 unit apartment building in a very desirable area right next to university. The property is 100 years old. New roof. Windows have been replaced. The building is in working condition but lots of small repairs needed, ...
Dakota Ferguson
Sellers Standard closing cost
BPI need help understanding what the sellers closing cost will be for a property I am purchasing. Who should i talk to determine what that cost will be. I want to determine if I can offer to pay their closing cost for...