I'm trying to learn the local market a little better and with so many distressed homes on the market I'm not sure where to focus! I'm coming from out of town and not sure if I'm better off picking up multiple properti...
Hello,How do you include rental income on your mortgage application when you do not own the property yet? I have heard that people do this, but how is it done? How do I interview people to live in a home when I don't ...
I am looking to bid at an auction for a potential fix and flip. This is going to be my first deal. After looking at the numbers and making this post my instincts say bid lower (35k) and be prepared to be out bit. A...
Hey everyone,So just got a client that's looking to do a fix & flip in central Maine (Waterville, fairfield, skowhegan that area) and I may have found a potential deal. How do you guys come up with you ARV comps. ...
Hey guys! I’ve been a long time lurker/listener but haven’t jumped into the game until now. I think I’ve found an interesting deal. This home has been on the market for 14 months with 3 brokerages (mine included). It’...
Hello,
I have been currently working on a deal in which I was originally looking to wholesale, but kind of having a hard time.This was a deal in which I had wrapped up, but when closing came, the buyer backed out due ...
We are marketing to probates in our area and I just got off the phone with a woman who's father just refinanced his home a couple of years ago, then passed away. They owe the bank just as much as the home is worth if ...
Hi,
I have been wholesaling for a couple months now and I initially thought that properties should be in terrible condition for a rehabber to be interested. But, I have talked to a few rehabbers and they say they wil...
Hello people. I m Ranjeet from Mumbai, India. First of all I would like to thank Josh for creating this wonderful community; Brian, David and biggerpockets team for their contributions.
I have been following big...
I went down the rabbit hole on HECM (home equity conversion mortgages). In my opinion the reverse mortgage industry is insane and borderline predatory. I'm trying to understand the timeline for these types of properti...