Account Closed
Deed of assignment
Dear BP wholesaling community,I have some real estate under contract with LLC 1 as purchaser, and am looking to assign the purchase agreement from LLC 1 to LLC 2 prior to closing.If anyone has any precedent deeds of...
Tim Mensch
Brokerage splits on flips
I am currently interviewing brokerages to hang my license. I'm interested in hearing the commission your broker takes on your flips or if you attempt to sell them as fsbo. Do you earn the commission on reos when buyi...
Scott Kimberly
Practive finding Good Deals under 10 units?
My personal timeline for REI dictates that I cannot start investing right away. Since I have plenty of time now, I wanted to practice finding good deals so that when the time comes, I will have a better idea of what k...
Leo Padilla
Open to different ways of getting started.
I am currently in the military so I am eligible for the VA loan. Right now I do not have a home and I’m sorta in a pickle. Should I buy a home for me and my family first and use that as a stepping stone or should I in...
Matthew Riggs
Referral Commission Question
I always here you have to be “licensed” to collect referral money, but then I watched a video on YouTube that says as long as YOU are not conducting in a way that you would normally need a license and you simply refer...
David Prince
Hard Money Lender Packet
I’m looking for samples of any deal packets you submit to hard money lenders. What stats do you include (aside from the obvious rehab budget, holding cost, acq cost and sale/rental returns). I assume a quick overview ...
Rik Patel
First Investment Property - Many More to Come!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cleveland Heights.
Purchase price: $166,500
Cash invested: $38,000
Simple up/down duplex right across the main action in C...
Jessica Jay-Maleski
Leash Laws - Multifamily Properties
Hello all!
I am wondering if anyone has insight regarding leash laws in a multifamily unit. The entire property is fenced/gated (6' block wall and then a gate, and then another fenced area inside of that area separat...
Nick J.
WTF BofA
So I just got an email from someone that forwarded me a response directly from BofA regarding short sales:
[b]In order to process short sell, we required licensed real estate agent – for sale by owner is unacceptab...
E. Jacobs
Pricing Strategy
Quick question. After you have the property under contract, do you:
1) Set a low list price to try starting a bidding war
2) Set the list price to reflect your desired profit
3) Set the list price higher than your de...