We signed a contract with a builder 14 months ago and we just got a new price of 35% higher than what we originally signed for. They are blaming the inflation and permit delays. The exact language in our contract is: ...
signed contract for 125k 30days for closing ..... Day of closing! , seller's agent notifies that the seller has a 31k lien on his persons for refinancing his student loans (title company found this on the last title s...
I am new to Bigger Pockets and just went to my first REA meeting where the speaker talked about buying non-performing notes and "becoming" the bank ie refinancing with the occupant. The details in how to actually do ...
I'm after a motel in need of fixing up. Selling for about 550k, 11 units that can be expanded to 14 units, 5400 sqft total on a prime downtown 1/4 acre C17 lot. With 70k in rehab could be a 800k motel, reserving rooms...
I'm in a situation that's slightly more complicated than the average sale and need some advice. I'm in escrow to sell a duplex in Pasadena, CA. Included in the sale is a set of approved building plans for a 5 unit c...
I have a lake side lot waiting to be built upon. my estimated price to build will be at least 250K. most likely will be a buy and hold, not sure yet. what would be the best way to finance the construction?
Bought a house in Florida last sept to STR and signed a contract with a property management company. Company has consistently fallen short of performance, communication and their accounting is a mess leading to unexp...
Hello everyone,
Have a real estate contract question. Im currently in Escrow in Los Angeles and my contract has the standard 17 day inspection/apprasil contingecy. The property Im in contract with has tenants and so ...
Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
I was told in a previous post that CAP is irrelevant when evaluating a SFH, if I understood correctly.
But I still want to understand it.
About to cash-out on current residence
Refi at 135K
Insurance and taxes wrap...