Jose Guevarra
Memphis Seller Finance
I have a potential seller finance deal in Memphis, TN zipcode 38128. The home has already been rehabbed and rent ready. I'm assuming 7% of rent as property management fee. That seem reasonable?ARV: $68,000Purchase P...
Jason Fraser
Offer structure advice needed
I wanted to pick the BP community brain to see how would structure a deal.I have seller with a FSBO. Vacant.ARV $325kAsking for $60kOwes $230kMonthly mortgage $1300Wants $10k for immediate needsRepairs will probably...
Chad K.
I need advice from Affordable Housing Professionals
Hey I'm a college student/real estate wholesaler looking to do some affordable housing for Unc Charlotte students. If you or someone that you know is a professional in the affordable housing field or has knowledge or ...
Scott Lunn
What to watch out for with wholesalers
Just starting so to me the "wholesaler" thing is a mystery. I understand the basics of the concept but what I am missing is why the wholesalers are not retailing the homes. Can someone enlighten me?
Also if I...
Scott W.
Seller 2nd Mortgage as part of down payment?
Hi All-Does anyone have any experience (or worked with any lenders) where the Seller takes on a 2nd mortgage as part of the down payment amount? For example, buying a $4M property that normally requires 25% ($1M) dow...
Jennifer Ullrich
Help Please, 1st Deal Buy & Hold Analysis
Good morning, I currently have 2 properties that I'm looking at for my 1st deal, but when I put the #s into the BP rental property calculator, it looks like the cash flow is minimal or negative. Am I doing this corre...
Kevin DuBrey
Put in an offer but didn't have cash to cover
So I have a property I am looking at that will require a renovation and could potentially earn a revenue of 73k per year as a short term rental on a 240k property. Probably a 35-45k renovation Unfortunately I do not h...
Account Closed
Mobile Homes??
What would you do? Flip mobile homes or do something like Lonnie's deals, were you carry the note of the property. Or don't do either. Thank you.
Sergey Tkachev
How to properly transfer title?
So I hope I get this in the right forum - I have a friend who is looking to take over payments from a seller on a SFR and take title (seller just wants to effectively give the house away as long as the new owner takes...
Michael Hable
Down Payment 20-30%? Are there ways around it?
Hello Everyone from the western suburbs of Chicago! I'm excited to be part of a community of real investors and reading others thoughts and experiences on BiggerPockets.
I'm looking to invest in rental proper...