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3 February 2025 | 1 reply
If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.
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7 February 2025 | 13 replies
All you had to do was drive to the house, take pictures, sign a contract and then assign the contract to a buyer for a fee.
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11 February 2025 | 29 replies
You might want to explore DSCR loans, which allow you to qualify based on the property’s cash flow rather than personal income.
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4 February 2025 | 2 replies
For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.
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9 February 2025 | 8 replies
I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios.
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16 February 2025 | 28 replies
I had another person speak highly of New Western.
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6 February 2025 | 18 replies
That's the only way you will know if it's legal.In a true wholesale deal you are putting the property under contract, then either assigning your contract or double closing.
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18 February 2025 | 7 replies
I'd be going to as many in-person networking events as possible...here is a list of the BP events: https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!
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7 February 2025 | 9 replies
I have sold some properties years ago on lease options where the tenant buyers actually exercise their right and purchased the property. ( I was in the deed.)The reason I am concerned to tie another person’s property up with the lease option is that people can change their mind, as in the seller.
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4 February 2025 | 17 replies
The purchase contract makes the buyer legally responsible for the loan.