Quick question. If I purchase a property with some cash back at closing, do I pay the higher price and then the seller gives me a check for the cash or do we take that out of the price at closing?

Example. ...

Off market 8 unit brick apartment building in Cleveland built in 1920, Manhattan Beach areaPurchase price - $145000Rehab costs - $30000 (cosmetic consisting of windows/paint/flooring/trim/carpentry)(6) 1-1 units under...

Hi Guys,

I just bought the book Real Book of Real Estate by Robert Kiyosaki. I cant seem to find any reviews on this book. Has anyone read it? What are your thoughts on this book or this author? It seems like in ...

My original intent was to purchase a property with private money. Do the rehab. lease it. Then do a cash out refinance. I've contacted no less than 30 banks, credit unions and financial institutions trying to locate a...

[b]New to wholesaling REO's. Below I have outlined the process but I have a few questions in between to see if I understand the process correctly. I have a buyer's list and most have all cash. Any responses will be gr...

Not sure if I put this in the right section but it does relate to wholesaling. I done a few deals but I am looking to take my business to the next level and probably just as important, create a system to automate and ...

This is a question that's been bubbling around recently.My thought is on this form, the majority would take the $1,000,000 to buy multiple homes or multi-family complexes in the hopes of doing better.  Meanwhile, many...

So youre interested in flipping homes like they do on t.v. huh. Well it is a very rewarding career if you choose it. I say career, because flipping in my opinion cannot be done part time like rentals can. It requires ...

Hello! Long story short, we were trying to wholesale a property but ended up closing on it instead. It's our first project and we want to do the BRRR method. Problem is, the extent of the renovation is HUGE. It's a 18...

Below is the exact email I sent out to all of owners, buyers, and sellers we work with. Because of BP's format the graphs don't present as well but you can scroll and read to the bottom. 

Market Update February 202...