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Results (10,000+)
Craig Brouillette 90 day flip rule???
1 May 2014 | 10 replies

I've come across this on the last few flips and wanted to see if anyone has any ideas of a way around the following example.

Buy a home on January 1 with the intent to renovate and flip it.

Complete the...

Kinju Dudhia First 4 plex but Seller is lacking proper financials
21 December 2020 | 15 replies

Hello,
I have placed an offer for my 4 plex which has been accepted. I am excited!!!! The property has 4 families which are long term renters. 3 families have not kept props very well. Seller also does not have prope...

Joshua Guidry Wholesale Contract Assignment to Buyer w/ Bank Financing
29 July 2016 | 6 replies

Hello BP!I currently have a property under contract to purchase that has a tenant in the property on a month to month verbal lease.  My strategy has been to assign the contract to an investor for cash who would allow ...

Jeremy Sharp How to buy a FSBO Off Market deal without a realtor?
10 December 2018 | 11 replies

Hey everyone!I currently have an opportunity to purchase an off market FSBO duplex in a great market. Most houses in the neighborhood are priced way too high to be utilized as a fully serviced rental by a property man...

Robert Parsons Lease to Own Documents
7 November 2014 | 7 replies

I have my first Lease to Own option lined up however I need to know the particulars as far as who fills out what paperwork.  Do I fill out a purchase agreement and letter of intent to lease with the owner, then the ac...

Jacquelyn Sarpong Why assignments contracts?
24 March 2016 | 11 replies

Just playing curious. Why assignments contracts? I know it protects the wholesaler. But why not do two joint ventures contacts with both the seller and the buyer.  And get paid on the back end by the buyer.  That way,...

Ashley Cao No rent financials on duplex - should I be concerned?
30 November 2019 | 9 replies

Hello BPers! Newbie here in contract for my first rental property (duplex with both sides occupied). Thanks to this great community for getting me here!.Couple questions regarding contract phase:.1. Seller does not ha...

Teri B. This REO is assignable?
30 January 2018 | 14 replies

Hello,I couldn't decide how to take title of a REO we just got under contract.  In case we wanted to BRRR, I put the contract in name of my spouse and I to make delayed financing easier.  One day later, I regret that ...

Chris Eaker Do Freddie Mac Reserves Transfer After an Assumption?
7 July 2017 | 13 replies

When a new buyer assumes a Freddie Mac loan on an apartment complex, do the current reserves transfer with the loan to the new buyer/borrower? If so, is it automatic, or does the buyer need to negotiate that into the ...

Vince Coffeen 1031 LLC owned property into conventionally financed self-owned?
19 January 2021 | 7 replies

My wife and I just put our first rental property (condo) into our LLC with the expectation of finding and buying a new property to purchase with help from the proceeds from a 1031 exchange of the rental condo. We are ...