Connor Chatlos
Questions regarding real estate licensing
8 November 2024 | 5 replies
Does BP have any tools that could help me to make sure that I am staying on top of everything prior to the closing table?
Renay Reese
Open Carry, Concealed carry or no carry while do business
19 November 2024 | 111 replies
In our county (in Ohio) they don't do round table close so we might purchase a property and never meet the seller.
Tyler Condon
Closing costs are already covered, but seller wants to give credit for repairs still
6 November 2024 | 7 replies
@Tyler Condon, it isn't proper but people do make side deals where the parties exchange money separate of the closing but at the closing table.
Ed Hoffman
Using a Quick Claim Deed or Warranty Deed to Transfer property from Personal to LLC
5 November 2024 | 15 replies
@Ed Hoffman actually, you can transfer it via Quit Claim right there at the closing table before you leave the title company.
Tanya Maslach
Down payment options
5 November 2024 | 2 replies
(with the DSCR loan to purchase moving faster ~ 2 weeks, it's conceivable we may be at the closing table faster than the HELOC closes).We are considering other options for the downpayment (approx $25K); and then replenishing the funds with the HELOC cash once it hits.
George Bell
How to structure LLCs for rental portfolio
5 November 2024 | 28 replies
The illegal in-law units/ADUs are somewhat common in the Bay Area - many people with paid off properties are collecting under the table rent money without reporting it to the IRS.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
I have never been to any of the properties I own in Atlanta and closed on all of them from my dining room table in Long Island.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
Because of this, retriggering of the 1 year time table to complete the property to 75% of the value.
Jay Hurst
The fed just cut mortgage rates right?
7 November 2024 | 14 replies
It'll take some time before they come back to the table.