I'm looking at a 2/1.1 SFH on the southside of Chicago. The neighborhood is a warzone, but this particular street seems better than average. It's close to a park, the train and a school. Both neighbors take care of...
I'm trying to see if it is possible to get cash at closing when buying a REO. I'm interested in one that is listed for $90k but needs about $20k in rehab. this is still well below FMV, but I don't want to "suck" up th...
About a year ago a local investor that got in over his head approached me to purchase a few or his properties. The prices were extremely high and I told him so. I did finally purchase one of them last summer which w...
Hi All,
I am new to this forum and somewhat new to investing in distressed properties, although not new to real estate investing in general. I am a builder and developer, so I have bought, developed, built, and sold...
Can anyone offer advice on how useful a website can be when just starting out? I would like to have a blog set up to openly discuss business moves but I am still not sure how much work or how useful having a website s...
To fellow wholesalers nationwide your thoughts and ideas are appreciated here:2010 -2014 We were closing about 20 - 30 wholesale deals a year. 2015 as well as 2016 things have slowed greatly on deal flow in our whole...
Hey all. Starting to build my rental portfolio and my tenants came to me last week asking if their 2 family members could stay at the home for about 1 month while they transition from Vegas to STL. The current tenants...
I just have a few questions about getting financed by private investors. Also I’m planning on using the BRRRR method for more context.1. When should I ask the private investor for money? Before I find a deal? After I ...
Hi All!
It's been a hot minute since I've been on the BP forums but just wanted to share something I'm involved with this year. I normally would not hawk a conference or product, but SECO is a great event and is a no...
We recently acquired our first investment property. It is 12 units, 35 minutes west of Minneapolis, Minnesota. Purchase price $720,000Appraised $755,000My wife and I put $70,000 down, second mortgage on our house, and...