I have a home under contract where the owners are deceased and there is a HELOC in place. There is a $30K difference between the credit limit of the HELOC and what is owed. The sellers (the children of the deceased)...
Hi BP family,
I recently had two small multi families (40 units and 10 units) under contract in the home of the PGA Masters tournament with owner financing and tons of value add. The equity partners I found weren’t ...
I have been working with a commercial broker for about 3 months now. We are trying to find an apartment building 6-20 units. It seems like I’m bothering him a little when I call and ask for more information. I run ...
Investment Info:
Single-family residence buy & hold investment in North Charleston.
Purchase price: $130,000
Cash invested: $4,550
SFH 10 minutes drive from downtown Charleston. Last affordable...
Hello BP:I'm on the verge of pulling the trigger on my first deal.....but I don't think I have a good purchase or assignment contract. I'm in New Jersey, and I would like something that could be used in NJ and PA (i...
Does anyone have a strategy on how to buy a property with an existing mortgage through a land contract? I've read getting the mortgage lender's permission could be key, but any other suggestions?
I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
Hi I’m in the state of Maryland Someone is trying to give me full ownership and control on a property “that is not free and clear” but is scared to transfer it to my name because of the “due on sale clause” we do not...
Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
We are three days away from closing (obviously won’t be closing on time) and I just got word that I, as the buyers agent and one of the buyers can’t be on the title if we wanted to get the loan through Wells Fargo.
M...