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Results (10,000+)
Joey Morgan Help with writing a "subject to" offer
3 July 2024 | 6 replies
This demonstrates the buyer's seriousness and commitment to proceeding with the purchase.Additional Clauses:Subject to Sale of Buyer's Property: If the buyer needs to sell their current home to finance the new purchase, include a clause making the offer contingent upon the sale and closing of their property.Specific Repairs or Improvements: If the buyer has identified specific repairs or improvements they want completed by the seller, include details about these requirements as conditions of the offer.Review by Legal Counsel: Consider having the "Subject To" offer reviewed by a real estate attorney to ensure all contingencies are clearly defined and protect the buyer's interests.Final StepsNegotiation: Once the offer is submitted, be prepared for negotiation with the seller.
Carrie Whisel Best way to finance a fixer upper...
2 July 2024 | 4 replies
I'm a current homeowner with approx. $150k in equity. 
Jacob Cuellar Where to find leads
2 July 2024 | 14 replies
Still working on my first deal currently have 4/5 leads.
John Kelp Should I let my portfolio go up for foreclosure?
3 July 2024 | 8 replies
Rent is 3500, HOA is 1500.I have a lawyer negotiating with the lenders currently. what would you do if you were in this situation?
Jay Hinrichs ON line Notary
3 July 2024 | 5 replies
We currently work in 37 states and I'm happy to waive notary fees for anyone in the BP community if you reach out directly. 
Brynn Walden retiring and wish to use 1031 exchanges to invest in syndications
3 July 2024 | 25 replies
I would gladly send you a list of our current DST inventory and discuss your situation, goals, and what might make sense. 
Caom Hansen Trying to setup my flip analysis spreadsheet. Feedback appreciated
2 July 2024 | 2 replies
I've tried to make my own spreadsheet which makes more sense to me based on my current understanding of deals.
Dulce Davis Opinions on Blanket Mortgages
3 July 2024 | 7 replies
That can be particularly tricky in our current environment.
Corey Byrum Finance and Renovate Investment Property
3 July 2024 | 3 replies
I'm willing to leave the property empty for a year to take advantage of owner occupied loans, if that's possible.Here are my estimates..Property: 1,355 sq ft, | 3br 2bath | 8,500 sq ft lotComps / ARV: 500-560k ~ 530kTotal Needed: 340-400k ~370kSale Price: 270-310k ~ 290kRenovations: 70-90k ~ 80kSevere cleaning needed (doing myself)Severe landscaping needed, it's a jungleI'd like to maximize potential value and be at the top of in-area comps, so would like to do a full gutCash on hand: 20k - 30k------------I'm considering,- Seller financing + separate renovation loan- FHA 203K (BRRR)- Fannie Mae Homestyle Renovation (if down payment is below 5%) (BRRR)------------Seller Financing + Separate Renovation LoanPros:Low down payment (via seller willingness) <= 3%Low interest rate (via seller willingness) <= 3%Cons:I'm unaware of how I can finance rehab without a personal loanMust cash-out refinance to obtain equity, conventional loan rate will not be as good------------FHA 203KPros:Low down paymentBundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------Fannie Mae Homestyle RenovationPros:Bundles rehab costsCons:Higher interest rate than the seller financed loanMust cash-out refinance in order to obtain equity and make an investment property------------I may be totally off on what would be optimal here but wanted to provide my current thoughts.
Carlos Ruffo First Time Real Estate Investor
2 July 2024 | 14 replies
Current Situation: I am trying to househack a house in Cincinnati as I have 4 people who have agreed to live in the property that I buy.