Matt James
Foreclosure purchase. How to evict current tenant?
Hey all, I have just purchased a 4 units multifamily property through county auction. Just made the payment but have not received the certification of title yet (taking 3-4 weeks). I am thinking the tear it down to s...
Maurice Hawkes
Can utilize an LLC when a property is restricted from being sold?
I am new to investing and BiggerPockets, in the DC area. I went to a meetup and learned, when wholesaling a pre-foreclosure, there are restrictions on reselling the property within 90 days. To get around this I was ...
Jack Little
seller carry back mortgage note
Anybody have some sample wording for a seller carry back mortgage note that is held inside of a tax deferred exchange? Any assistance would be appreciated. Jack
Jacob P.
Originator says we aren't locked, but I just got a signed commitment letter
Hi guys!Quick, niche question on getting a conventional loan.We are getting close to closing, and have had several conversations with our loan originator to the effect that we are not locked at a rate, and we are wait...
Jestin Sorenson
wholesaling 9 units/3 properties
I have a seller with 9 units hes trying to get rid of. 3 properties. A 5 unit and 2 duplexes. He wants 760k and he owes half of that still. He doesn't want to pay the 7% realtor commission so he called me. I'm not sur...
Brian Pleshek
Lien Waiver Ohio
My project is finishing up today. Unfortunately, I will be going out of town for 2 weeks so I am hoping for the good will of people here to provide a speedy response. :)This is my first time dealing with this, so I ...
Charlie McVan
Lease examples
Hello!I am currently in the process of buying two homes on one parcel, I will live in one and rent the other, after some TLC. Does anyone have examples of straight forward leases? Has anyone used a two year lease with...
Account Closed
Lead Based Paint Disclosure Question
HI BP, My partner is looking to purchase a home and the contract includes a risk assessment contingency shown here http://i.imgur.com/y6Inpo8.png "Contract of sale is contingent upon risk assessment or inspection by ...
Edward Liu
Options if seller has 'seller remorse' on the day of close?
Today is close day for one of my purchases in NC. However, despite I completed everything needed from the buyer end (all the money is with closing agent, etc.), seller is refusing to sign final documents and close th...
Tyler Sherman
MTR leases vs LTR lease
Hello! I’m new to the MTR game. I’ve been doing LTRs for a few years. Can you provide me with some guidance on lease agreements for MTRs. For example, I lease a property on furnished finder for 3 months. Is the lease ...