Sheldon Alex
Proof of Funds When Getting a Property
Hi Everyone,I recently talked to a broker I'm working with, and she mentioned that in order to put in a offer for a property, and going through the residential purchase agreement (or contract), you have to first show ...
David Schach
Why no mention of appraisers?
I read a lot of posts here about deals and buying and selling etc. And most people seem to look at their team as Broker/agent, GC, broker/lender, equity partners, PM, maybe a title company is discussed now and then. ...
Account Closed
Assembling Lots for Multi-Unit Dev - Negotiating Pitfalls w Owner
I'm working on piecing together 3 lots with 3 different owners in a hot neighborhood in Denver. Each lot has an existing SFR on it. Zoning is higher density, so the more dirt I get, the more units I can build. I've go...
Eric Grunfeld
Subject To vs Debt Assumption
Good Morning Everybody,In this environment (as I am sure everybody has experienced) - it has been challenging in obtaining permanent financing.I have come across some deals where the debt is not "Assumable" but the se...
Antoine Philidor
We inherited a tenant
We took the plunge and through a 203K loan was able to buy our very first property. When we first visited (July 2023) the duplex, the previous owner told us that the tenants (older couple with one of them being a reti...
Nadia White
Memorandum of Affidavit - A must to protect yourself
If there is a lesson I have learned in REI it is that you cannot trust all the people you are working with. I used to be a very trusting person and went by "gut feeling" that people wouldn't pull a fast on me.That has...
Amanda Krasovskiy
Selling My Rental and Regretting It
Bought a duplex in Tacoma 3 years ago at 253,000. We haven’t done anything to it besides have it rented out and let it pay for itself... we’re now in the process of selling it for 385,000. We’re a young couple in our ...
David Thomas Wells
SDIRA and checkbook LLC
My brother and law and I are going to use a combination of both of our IRA’s to begin our real estate journey via a SDIRA in buying a house. One company does not want us to form and LLC, while most other companies se...
Harit Pat
Canadian investing in Ohio
Dear BP members,I'm in the process of purchasing my first property in Ohio within the next 1-3 months and am seeking information on financing options for a Canadian investing in Ohio. Specifically, I'm interested in e...
Dalton Checketts
Needing Land investing course advice
Hello BP,I am in need for honest no BS advice. I am in the search for a land investing course. I have been all over the internet looking and what’s available out there. I’ve found LandAcademy, The Land Geek, RETipster...