Seneca Hampton
What does it mean to get a property under contract?
I've got a dumb question (Trying to learn the process)..... What does it mean to get a property under contract? What does it look like (step by step)? What do you need to do that? Is this something an Attorney woul...
Taylor Campbell
How do I provide assurances to family lenders?
Hi BP peeps! So I am about to start making my rounds to friends and family, to generate gap funding for my first deal. I had mentioned this in a meetup, and someone told me to provide them assurances, one of those bei...
Jeff Jackson
Can I legally evict my tenant?
Hello,
I am selling a property that is currently tenant occupied. I am under contract and have an agreement with my tenant to provide cash for keys. I have a signed agreement from the tenant to accept the terms of th...
J S.
Refinancing Private Mortgage Procedure
We financed the purchase of a home for our daughter. We are agreeable to refinancing the loan at a lower rate. The original mortgage was secured with a promissory note and a mortgage document filed with county. Can...
Matthew Fearneley
First deal as a partnership
Hi BP community,I’m having trouble structuring a deal between my partner and I. I do not have a lot of taxable income as I’m self employed right now and don’t have 2 years of work. However, my partner has that but is ...
Bryan Moynihan
Creating an LLC - Expected Cost?
Hi - I'm a new real estate investor, based in Denver, CO. I'm interested in creating an LLC to hold my investments. I talked to a lawyer today, who quoted me $1500 for legal services and $50 for the filing fee (beli...
Ian Jimeno
Working with Partners on an Owner-Occupied Property
Hi BP'ers,
My wife and I are looking for our next house hack in Denver, with which we are very familiar. As we continue our investing, our capital is tied up in several assets, so we are working with capital partners...
Linzey Ledesma
Rent increase to market, New Owner
Hello BP Family,I officially closed escrow on my first duplex in Redlands Ca. I inherited tenants. One of them has been renting for 25 years and pays $800 month (market rent is around 1,200). The tenant is month-month...
Nicholas Gangwer
Help with Co-Partner Requesting Monthly rent from a houseHacking Deal.
Good Afternoon Everybody,For the past 2 years, I have been managing a property that I found, Financed, and Upkeep. For the past 2 years there has been an open room in the house that was not lived in, However during th...
Daniel K Adderly
Alternative Commssion - Buyers Agreements
Any agent ever use the exclusive buyers brokerage agreement (fl) for a benefit to investors? Example a investor signs a agreement with agent for three months for 20k. 20k gets paid to the agent if the investor uses th...