Hello BP community!I am an agent representing the tenant in a commercial lease and upon agreeing verbally on a 5 year lease, the listing agent/seller wants to breakdown the lease to 2 years lease with the option to ex...
I put an offer on the Condo at full price and someone else also gave a full price offer. So I counter-offered at $171K with the escape clause of $500 over the 2nd guys max new offer. The agent came back and said I got...
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
We will have a few hundred thousand dollars to invest after our home sale. Not only do I want to avoid paying taxes on that money, but we want to invest it as well. Initially, we would need access to approximately $50...
I am doing a cashout refi of an existing SFR and will be using the cash to purchase 1-2 new rental properties. I plan on buying via a mortgage with 25% down, renovating, and renting. I'm considering doing a refi on 1...
I am hoping for some clarity. This situation is a bit sticky, so bear with me through the details. (They're about as clear as mud.) I am wondering: Is it possible to put in a cash offer on a house with another person ...
Hey everyone,I am analyzing my numbers on a triplex in New Jersey as a BRRR and may submit an offer this week. I would be obtaining a loan for the purchase price and paying cash for the repairs. After 6-12 months, I...
I have a triplex under contract and have received the following finance option from my local bank. I have a longtime relationship with them and my credit is excellent. I’m going to pay cash initially because the tripl...
Hi team, I just had a call with a sales agent to sign up for the Boots on the Ground program. It is a program that they do everything for you from finding the property, rehabing it, renting it or selling it in Philad...
Currently my rent is about $1500 a month for my apartment. I am looking to buy a Multi, and I am trying to understand fundamental concepts and definitions. If I move into the first floor, renting out the second with t...