Hi guys! A little about me, I have been lurking around BP for about a year, listening to the podcasts and reading blog posts. I saved up some money over the last couple years and just put an offer for 25% down on an...
I've been looking in my target area for about 6 months now (all on the MLS because I have access) and haven't had one opportunity show up where the numbers work out. However, last week I found a short sale on the MLS ...
Hi BP family hope everyone is well.
So I still do not fully understand how to wholesale a property that is listed with an agent. I was thought to use a letter of intent letter to obtain the house.
Is this all you have...
Does someone mind explaining subject to offers? I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller. The...
Hey Everyone!
Hope all is well. My name is Duncan Forbes, I am starting my real estate journey in Westchester NY. I am not necessarily that new in the Real Estate industry because I have a place in Tulum Mexico, Cond...
Phoenix went from bad to worse to worst(?) when the housing market crashed. That was then, this is now!I'm enjoying the ride. I find that the influx of people from other parts of the country (the soon to be 3 Califor...
I heard from a recent podcast that Cap Rate should exceed interest rate on a multifamily in order to be profitable. What are your thoughts?
First some background.My dad invests in properties, but does not like to carry loans on them. He currently owns 10 properties out right in Nevada, including his own home. As rent comes in, he keeps it invested in bond...
Hey I’m starting to do cold calling for pre foreclosures in my local area. Anybody have any scripts they recommend or how I should start out in the conversations?
Hi all, I'm new to the site and this is my first post!I live in San Jose and have found through BP that there isn't much potential for investing in Silicon Valley, but I'm in the education phase of REI, and am conside...