Mike Snyder
Pinellas Park - Investment area or flood problems?
Question for those familiar with Pinellas Park FL: Is this currently a good location to invest (rent/flip) or are there still flooding problems that can kill your potential? I was driving for dollars the other day and...
Account Closed
Dodd-Frank & Private Lenders on Owner Occupied House
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
Buster Brown
Seller sold windmill before closing.
So we’re buying our first flip farmhouse on a few acres. We are buying from homeowner during their redemption period for the payoff. Good buy. We’ve been in contract with Ernest money at title company. The farmhouse i...
Russell Pitts
No title insurance for wholesale deal
I'm looking at a deal where the wholesaler is saying he cannot guarantee a clean title. Apparently he purchased at a tax sale. How would one proceed with a deal like this with the risk that the title is not clean? I a...
Torean Gardner
Can you Refi mid construction with new lender
Hello everyon! Looking to get some advice on a current project I have going. I have a property I’m currently fixing that I had financed with a hard money lender. I’m having a huge issue with them currently. First draw...
Lauren Ruppert
Do I have to honor previous owner's lease?
Just purchased a multi-unit in PA. The units are occupied. Do I have to honor the previous owner's leases/ rental agreements?
Sam Leon
Bagworms and Lizards
Down here in South Florida we don't seem to be bothered too much by them.But I have a northerner who's a new tenant and she gets freaked out by them.She considers outside lizards a "pest". This is South Florida! Liz...
James Baker
How much to pay wholesaler?
Hello BP,
I could use the expertise of the BP community. I wanted to know if there is a common number or rule of thumb when an investor is purchasing a property from a wholesaler. I understand that wholesalers try ...
Elizabeth Bain
Grin and Bear It or Sell?
I'm sure some of you have been in this position before... I bought a 10-unit building a year ago. I bought it for the cash flow, not appreciation, and I knew getting into it there was certain work I'd need to do, but...
Christopher Herrera
No permits but work done
I am looking at this house that has no permits. The garage was converted but we will just convert it back. However I think the master bedroom was once two rooms. It is very long and has two widows with different shape...