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Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...
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I'm purchasing a property with an existing tenant who has expressed a desire to stay. I'm very new to this; how does this work?- Do they sign a new lease with me or does their existing one transfer? If the existing on...
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I'm doing my due diligence on a multi family (5+ unit) apartment complex in Texas. I've only purchased a few residential personal residences in the past. Is it a good idea to use a realtor to submit an offer on the ...
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I am putting together a large deal using capital from one private investor. Does this classify as a syndication or is there a less complicated structure that can be used?
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I purchased a house in Galveston from the original owner right before Foreclosure. I didn’t have the previous owner sign a lease or anything. I’ve been told that I could evict her if needed. Long story short the previ...
Hi there looking for some help with a situation I'm going to come across soon, what happens when you purchase a multi family unit that has full occupancy? I'm trying to purchase a 4plex, the realtor has stated that th...
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Hi BP members,
I entered into a contract to purchase a SFH for investment, had inspection done, came up with few issues, went back and forth and finally came to an agreement with price and who takes care of what. On...
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I want to start wholesaling but before I can lock the property in contract they ask for proof of funds. I am now starting to get out there and wholesale but i don’t have 200k+ sitting in the bank. How can I wholesale ...
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Elaborate story here.. quite a nightmare. Please read through and help.Setting the Table:Property is in San Diego, CaliforniaJust purchased and closed on a nice primary home with a granny flat in the back that is rent...
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Can you get a property under contract with the seller and then rehab the home and then try to refinance it with a bank while it’s still under contract?