Terry Lao
is there a vacancy % factor that lenders will not lend beyond
I own a 4plex, which is one of 23 buildings. I recently found out that there could be 30-35 units that are currently vacant out of a possible 92. This is a vacancy percentage of 33-38%. Would fannie mae or freddie mac...
Aaron Lietz
Looking for a new realtor, maybe...
So recently I backed out of a property that I had under contract and I'm not sure if I made the right decision. I'm also not sure if I should be pointing some of the blame at my realtor. But this situation has brought...
Anthony Simboli
How to compete with cash offers!
Hey BP!I've had some challenges the past few months in search of my next property. I'm looking for an owner occupy multi family. I've now lost to cash each time all while being as aggressive as I can be that still mak...
Jonathan Miller
Help me Analyze my first deal (Potentially) in New Jersey
I found a FSBO in South Jersey who owns a 3/1 SFH rancher free and clear. All utilities are electric (no gas, no central air). Property has a one car driveway and has W/D included. The home is in a C area. Property is...
Jack Tucker
Determining market value of vacation rental? $6200 income in Nov
The question has come up in this string about what the market price may be on this property? I'm familiar with commercial and residential comp valuation for SFRs and MFs, but are vacation rentals a different animal? I...
Anita Fofie
Help, post fire and can't even give this Chicago deal away
Hello all,As a wholesaler, what are your options when you have a dilapidated property under contract needing a full gut rehab that might exceed the ARV? Rehab is about $100K. I have a small brick multi family building...
Annie Li
URGENT QUESTION:Seller Clause "Deliver Keys 3 Days after Closing"
Hello everyone,I'm negotiating a sale contract with seller, they asked to deliver keys 3 days after closing, all items will be removed by then. Is there any risk to me if I agree? Appreciate your input very much!
Account Closed
bringing a buyer with you on your appointment
Big appointments scheduled today! As a new investor, I'm still unsure about the whole process even through tons of research. I was able to get in contact with a very large investor in the area and he wants to sell thr...
Ian Tudor
Working With Multiple Agents - Virginia
I ran into an issue today and I wanted to get your opinion because I'm sure several of you have ran into the same issue.
Currently, I am searching for a house and I am working with multiple agents. Essentially, I am...
Andrew S.
Wholesalers: please follow up on your leads!
Over the past 6 months, I have responded to probably 6 solicitations from area wholesalers (mostly yellow letters), and I have not received one single follow-up call! I don;t understand this: the wholesaler spends hi...