Au Jia
Option on title of a property I am closing
Hi all,I have a situation in the process of purchasing a rental property. In the Schedule B Exceptions from Coverage of the title commitment, it states a "Memorandum of Option" between previous seller and buyer in 201...
Jenny Gremillion
Tax Strategy question regarding Vacation rental
My husband and i (through our LLC) are under contract on a Beachfront lot in the pan handle of Florida. Plan is to build two townhomes connected to one another. We’re thinking about selling one immediately after buil...
Hayden Prather
Got a question about the brrrr strategy
So I dont think I’m thinking of this correct so I have a question for more experienced investors. How would I determine what I could spend on a certain deal or how to find out if you can get all your money back or mor...
Kevin Hurney
Where do you put money that you use to invest?
My father has over $100k in 401k account with a local broker and is not happy with the performance. He wants to use the money to do fix and flips. What kind of account would be ideal for this money to be used for the ...
Matthew Miller
Loan fell through after two separate pre approvals
So I had a house under contract. Nice two family as a house hack. After two separate pre approvals from two different lenders. House was under contract. I paid for FHA appraisal and an inspection and gave my deposit. ...
Bonnie B.
Owner financing question
I am looking to purchase a duplex and the owner said today that he is willing to owner finance. He knows that I have a property that I own free and clear that is worth twice what the duplex is worth. I'm meeting wi...
David Klem
Am I On The Right Track To Making This Transition?
Hello EveryoneI've been in and out of Bigger Pockets for better than 2 years now and I am very excited about transitioning to REI. My favorite place on Bigger Pockets is probably Real Estate Rookie Podcast. I've learn...
Curtis Waters
Do you have a fear of getting a property under contract?
I help facilitate a local investor group in Charlotte NC. Many startup investors have a fear about getting properties under contract. I wanted to address these fears.Fear 1. I offered too much.Most purchase agreeme...
Ben Glaser
First Deal Analysis
I am looking at potentially investing money into a condo development project.It's in a good area, the guy I would be partnering with already has the lot, he's working on plans, and everything seems like it's lined up....
Melissa Loupeda
Purchasing foreclosed property as your first investment
I just started looking at foreclosed / pre-foreclosed properties in Boston and getting really excited. I want to temper that excitement a bit because I understand there's a considerable amount of risk involved. I just...