I'm currently trying to branch into doing deals virtually to expand my horizons and I'm experiencing objection due to that fact that I do not currently live in the city that I am marketing to. I typically have a sell...
Hi all! I'm having a little bit of head knowledge vs gut feeling conflict and I'd love to hear some different takes on my situation. I currently work a full time job with minimal time for deal hunting in our fairly to...
Hello everyone. I'm Grant from the ATL area and i have been wanting to get into REI for a few years but just got serious within the past month or two. I am at the point where I am ready to dive in. I had lunch with a ...
Hey Guys hope I can get a little insight here. I'm currently looking at a wholesale deal that is in pre foreclosure. The payoff is still way bellow market value and I'm trying to take that into consideration when maki...
Hello,
I am getting ready to purchase my first deal. I ran the numbers but I would like a second opinion before I make an offer. It's 2 properties.
I plan to offer $135,000 for both and request seller financing un...
Condo price is 115kDown 3.5% closing 2% Total capital requires 6.5kRents 950- 5% vacancy250 utilities Annually Hoa 2,652Insurance 483Taxes 2,519I'll be managing Noi $7,342Debt service $ 5,979.93 Cap rate 6.38%Coc retu...
I've had some tremendous success recently in the Colorado wholesale market, almost exclusively from cold calling. I was able to bring on a larger team towards the end of 2021, and we've brought in several deals above ...
Hello all,New investor, have not done any deals yet. I’ve done a lot of research, reading, analyzing, etc. and I’m hungry to get started. A recent episode of the biggerpockets podcast(541) opened my mind to more than...
Hello I have a question regarding a lease.I have 3 people currently on a lease that is up in August. (6 months left) One of these people wants to move out (as her relationship with one of the others has ended).I don...
I have some equity I want to pull out of my property using a HELOC for the down-payment of a buy-and-hold investment. Does your underwriting change when you use this strategy? How do you factor in the interest payment...