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I went on Sean Whalen's Detroit Investor Summit Bus tour. He was trying to sell us "Quitclaim Deed" properties that cash flow. When asked about the contract Sean told us that was a mistake. I call BS.Peak Potentials p...
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Hello all,I'm curious as to the feasibility for a first time landlord to get a commercial loan on a cash flowing 6 unit with tenants already in place. I would owner-occupy and it would be my first property purchase an...
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I am currently a community college student, initially had plans to transfer to a university and major in computer science but discovered how deeply I want to understand how money works, so I have switched to finance. ...
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Hello I'm Darien Gipson and I live in Houston, Texas. I'm new to real estate investing. My plan is to get my real estate license by the first quarter of 2014. My investment goals include wholesaling, flipping and s...
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Short sale experts I need some advice. Property is under contract on the MLS as a short sale. We are willing to make an offer that will be high enough to not be a short sale. Our offer would pay off the lender and ...
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Hi, my partner and I are getting ready to close on a triplex. Our contingency was that the tenant would have to leave by 1/12/21. However, he is a section 8 tenant and the city is having a hard time finding a new plac...
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Hello BP community,I would kindly ask for your input on this issue.I recently spoke with a mortgage broker regarding purchasing a second home and renting out my current residence. He gave me rates based on different s...
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Hi everyone. My business partner and I are new in Real Estate Investing as well as the BP site. We are currently investing in the Memphis area.We're looking forward to connect with some of you who know the area and w...
Hi, I'm a first time Owner-occupant and I will be closing on a Duplex on 10/28. The seller, my agent, and the sellers agent all encouraged me to list the empty unit and fill it prior to close. I have done so and I fou...
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Maybe this has been answered but I couldn't find it. I'm a wholesaler and I have access to a foreclosures that are now owned by the bank. My question is can you wholesale them and if so, can someone please explain how?