Khizer Husain
Estimated cost to make Lot Ready to accept new Vacant homes
Come across a nice small MHP. The lots are ready. However, some need new electric poles, some need sewer line repair, some need water line repair, some need tree removal/trimming. It would be rare in any park to be ...
Matt Pine
Any tips or pointers now that our offer has been accepted?
This is the first house we've ever purchased. I want to make sure I don't miss anything. So I'm looking for any insight I can get on navigating the next phase!
I have read nearly every blog post on “10 Things To Do O...
Chris Iley
Accepted offer Dec 2020, close Jan 2021, claim income for 2020?
Just finished my first official flip and I accepted an offer on the house in December 2020. We won’t officially close until January of 2021. Is there any way I can claim the income on my 2020 taxes?
Sherry Siegert
Cash flow and Cash on Cash Return- when is less acceptable?
We've heard the typical 1% rule and the grand slam 15% CoC return, but under what conditions would you go for a deal when these are not met?
Long term investor, not looking to quit my job or put a lot of effort in......
Ryan Tetreault
Change of getting accepted for an FHA loan out of college
Hey everyone, first post here on BP.
So, backstory for an insight on my question. I am a freshman in college right now, and I am applying for the SMART Scholarship for Service program (link), where I intend on house ...
Brian Burke
Offer Accepted: Almost $2 million under appraisal, but can we fu
Offer Accepted: Almost $2 million under appraisal, but can we fund it?I fund most of my deals through some type of pooled investment, whether I raise money on a deal-by-deal basis or through a blind pool fund. It ca...
John Bennett
How to use TIC to accept 1031 money on a deal
I have a portfolio deal we are raising funds for. We had initially decided to create a holding LLC with two drop down single member LLC's. We have received a lot of interest, but have a few potentially large investors...
Heidi Kenefick
Offer accepted, but I have a question or two. Please help!
Found a property on the MLS in a desirable neighborhood, with great schools. It’s part of an estate sale and has a second smaller property on the same land that has a tenet on a month to month lease. The house needs t...
Seolhyun Lee
HUD accepted lower price offer than mine. How is it possible?
I offered 50,000 to HUD through my agent for a SFH 2b/2b (listing price 62,000) where comps are around 65,000. The offer was on 10/14 and HUD kept sending us counter offer at 52,000 up until 11/07. There was no listin...
Andrew C.
Seller signed a new 12-month rental agreement post-offer accept
Hello. We're supposed to close today, and I probably should have noticed this sooner (as should have my agent probably)...I'm buying a duplex. One unit is vacant, the other is occupied at below market rent (850 vs ~11...