Ivy Pierce
Question for experienced flippers
Hello,I am looking to do my first flip. I have been analyzing deals on the south side of Chicago and the south suburbs. I have a pre-approval for a hard money loan. Each of the homes I have tried to bid on had 20+ bid...
Account Closed
What offer should I make to the owner about this property?
I am looking at a property, that is worth about $130,000 to $150,000 depending on how much I end up putting to remodel the place. It's on .36 acres of a lot with 1,366 square of single family unit. There is a pond beh...
Tyler Belliston
How does a young college student get in on wholesaling?
Alright, I gotta get through college debt free.I'm well on my way, but I need to come up with another $10,000 or so over the next year in addition to what I already project making. I closed on my first property about ...
Sean Haardt
Have motivated seller who wants to work with me but no cash left
Thanks to BP i have my first duplex. I've listened to every podcast. "Read" about a dozen audio books recommended on here, many of them twice. Thanks BP community:Earlier this year I found a 7 unit converted house, su...
Alexander Ball
whats the catch?
I'm going on tuesday to check out a 5 bedroom rental property that is a short sale and listed at 85k. However, the description says the house is valued at 185k. How could this be? How could a house be listed at 100...
Charles Shils
Buyer agent commission
I listed on MLS through entry only
Buyer came in with agent
Buyer had no written contract with agent
Agent submitted formal offer to purchase
I refused---It was too low
Buyer came in with other agent and submitted a h...
Jason Howell
Commercial Analysis: Determining value
Note: I'm self educating on Commercial Real Estate deal analysis, so pardon the elementary question(s) (I'm sure there will be more!) But I want to be sure I'm understanding even the basics of this correctly. I'm usin...
Janet Hansen
First time wholesaling
How do I start wholesaling using OPM with no money coming out of my own pocket?
Vince Greenland
Help with due dilegence period for multi family complex
We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
Chris Mouzon
Possible Deal in VA... need advice
BP community - My friend approached me about a property that he purchased almost 6 years ago in Richmond VA. He went in on a deal with his brother to fix & flip this property, but for whatever reason, plans fell t...