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Dear BP community, I am currently evaluating a property for purchase, and the listed bedroom/bathroom (s) count does not match with the county records. Also, the original septic is built for a 2-bedroom/1 bath home, b...
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Hello everyone,
A family friend wanted to sell one of his houses. We did a off market deal with no realtors. We agreed on a purchase price of 240,000. I found a simple online purchase agreement saying he will sel...
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I just got an apartment style duplex under contract two hours ago. I have a 10-day inspection period and want to take full advantage of that time. What due diligence do you do you recommend for investment properties? ...
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Attorney/title company needed to close transaction in three days The property is close to Corpus Christi Texas. The seller is adamant that they have to close by this Wednesday in order to meet some financial deadlines...
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Hi, I have a general tax/llc related question.Does a holding/parent company (LLC) need an EIN and have to file taxes if the subsidiary/operating company will file for it's own taxes?I am inheriting/buying a family bus...
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I am looking at a purchasing a 4 plex in a rural area and was wondering what questions I should be asking the seller. I have already asked about utilities, for example, owner pays trash, water, septic, propane, and l...
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Using the BRRR method I am looking to make my first purchase and I found a house divided into 4 units with a total income potential of 1,900 monthly. I am going to have a contractor look at the property but for now a...
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Dear fellow Chicago RE investors, I am looking for a lender on a Rehab loan for a 4 unit multi-family residential property in Chicago . So far I called 5 small banks and I got a bunch of "We don't do that"s and "Let m...
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These are difficult times and it seems things are changing quickly. Under the Stay Home order Realtors are considered essential employees. However, not all Realtors are showing properties and operating at full throttl...
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Hi! I will try to be as descriptive as possible and sorry in advance if this is a long post but looking into this property has been bringing me in circles for quite some time. So there is a property that is in my area...