Amy Denzler
Seller Passed Away while Under Contract
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...
Scott Lepore
24 hour recorded message
Curious if any of you use a 24 hour recorded message when you send a letter/post card to prospective sellers. From a personal perspective I would be more comfortable calling a recording at first to hear more about th...
Caleb Edwards
Refinancing Va loan with commercial loan
Hi. Im looking to refinance a Va loan into a commercial loan and to quit claim the deed to my llc. Will this allow me to restore my full Va entitlement so that I can purchase another property with it? Also I know abou...
Rob Thompson
The dynamic in Colorado Springs rent vs. buy
As an example of the dynamic here, I currently have 67 people looking for rentals for $1,000 or less. There are 21 homes in the MLS. Oh that I had the capital to buy homes -- instant demand. Rob
Matthew Lockwood
1031 Exchange - Can I buy my wife's rental unit?
Here's the scenario:1) I bought a house 17 years ago in Tx for 45K. Paid off the note. Just sold for 90K. 45k capital gains.2) My wife owes 45k on a house she bought years ago with her ex. He quitclaimed the house t...
John M.
Phase I Commercial Real Estate
I wanted to know if the lender or buyer orders phase I on already built commercial property and can i recently completed phase I be used from a previous escrow?
Armando Payano
Buying a property (title) with 3 bank liens.
Hello BP,I am being offered a property for pennies on the dollar. I would be buying the LLC which owns the property. It’s a good enough deal that I am willing to put in the work to try to get a settlement. The liens a...
Sheldon Alex
Wrap Mortgage Private Money Partner Analysis
Good day everyone. Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer. Below are the figures:
Purchas...
Jared Fisher
Recommended Agents in the Indianapolis Market
Can any investors in the Indianapolis market please help by referring me to an agent they have used to buy properties that they were satisfied with? Thank you in advance!
Timothy Winfield
Is adjudicated worth it?
Hello BP Baton Rouge community
I recently just won the bid on a piece of adjudicated property in Baton Rouge. The property ended up on the sheriffs sale list because the current owner of the property did not pay...