Jason Butts
30+ day deposit to hold?! How would you approach this?
20 February 2020 | 4 replies
At first I told them that a 14 day deposit hold is $100 non refundable and put towards there security deposit, and we could make the deposit to hold extended to 30 days for a additional $100 non refundable fee that does NOT go towards anything (accept my pocket).
Rose White
Buying from Wholesale/off market dealers
31 January 2020 | 29 replies
I was actually buying our first primary residence home last year and supposedly it was reno'd. we put an offer and got accepted so we had the inspector check it out and low and behold, sooooo mannyyyy things to fix... also, my agent was my desk job manager's father, so he told me what the agent said.. so im like.. dang.
Valentin Diaz
Buying and Selling Real estate
29 January 2020 | 1 reply
if that's the case, having an extra 20% in the deal from either buying low or adding value will be a big help in weathering the storm. this will make it that even if you ahve to sell, you could still earn some money or break even. additionally, with a multi it's generally more of a cash flow play, and if that's the case an economic dip won't be too big of a deal if you are cash flowing an acceptable amount with a buffer included. lastly if you get into a deal and have extra equity, you could bring in another investor in the future and "sell" the extra equity to them, while still staying in the deal. there are other options, like subject too's and rent to owns that may work here but for me buy low is the best defense.
Shamarr Townes
First Closing for a new Agent
30 January 2020 | 2 replies
After putting in our first offer for $85k, seller rejected offer and we countered at $93k all cash with only 4 days due diligence and $2k emd, after being on market for 56 days, seller accepted.
Gina S.
Buying home that has unpermitted work- how to evaluate
29 January 2020 | 1 reply
My offer got accepted for a multifamily in Newton, MA.
Quincy Hall
My First Real Estate Investment!
4 February 2020 | 7 replies
We called the number and we place a pre-auction bid in and the bank accepted.
Lacey Dillon
Hello from Greensboro, NC!
13 February 2020 | 17 replies
Whether it is a purchase, a refinance, or a construction loan, I accept each application as a challenge to meet customer’s needs.
Staci Craft
Almost purchased my first flip...disappointed
11 February 2020 | 10 replies
After spending a lot of time walking through and accessing everything it needed, we ran the numbers and it needs way too much work for what the current owner is asking (rather what we think she’ll accept).
Stephen Wilson
New to BP, first time investor, looking for advice from Virginia
13 February 2020 | 9 replies
I believe I understand the basics of what we are about to embark on but I will always accept help from those who have tread these paths before me.
Mason Moran
Triple net - With a gas station
30 January 2020 | 5 replies
I certainly will not be offering asking price.I'm interested in this for two reasons;First and foremost if I can get a lower offer accepted, I can make this profitable (I have a few commercial property management teams in mind.)secondly, from a purely academic standpoint, this will be my first commercial building that I get to practice how to valuate commercial real estate, learning new things (such as the issues that come up with a gas station), and connecting with new people in commercial real estate!