Account Closed
Story about how my deal was stolen
I debated for several months whether or not to put this story up on BP... but I feel I would be doing a disservice to the BP community if I wouldn't, especially to all the wholesalers in the Oklahoma area. Several mon...
Eric Foster
Short Sale Processing Company
Anybody have any luck with some of these companies that are popping up charging a fee for negotiating short sales for investors?
I have done them in the past with success. But, the amount of time, aggravation, and wa...
Ryan Herald
Lenders who will lend for 300k DP on 85 property portfolio
I have been given an opportunity to purchase a portfolio of 85 properties that each net ~$250 a month (if 80 are rented, 20k in net a month). The seller who is looking to retire is willing to finance the whole portfol...
Michael Evans
Who's buying wholesale properties without seeing the contract?
My business partner and I have been trying all week to purchase our first investment property since 2005, and we have run into a strange problem: Wholesalers want to assign their contracts to us, but they don't want s...
Dale Osborn
Safety of savings on deposit
I do not know about you, but with all the troubles you read about concerning Bank of America it makes you wonder if your money is safe with them. If I had any funds in their bank - I would take it out as fast as possi...
Rachel Nunes
Creative Financing Suggestions Needed!
Hey all!I've recently targeted a mixed use property that I think would be a perfect first investment property for my husband and myself. The property is listed at 455k, and is comprised of a first floor retail space, ...
Felecia Sewell
I will not give up!
Hi, as I was looking back at my first introduction on BP it was in Jan 2014. It is now October 2014 and I have not gotten a deal done to date. I am currently marketing to probates. I have also marketed to absentee own...
Nic Bernal
Lender has been dragging since November. Seller is pulling out.
Hi, I began my house purchasing process with SEFCU, a local bank in Albany, NY. I was going through the SONYMA program, and my LO was supposedly experienced and versed in the program. This is a program that is low dow...
Jessica Warrick
Rent-back or not
We’re under contract for our second rental property. The seller is an old man who needs a week in the house after closing before he moves into his retirement home. Our realtor just wants to include an addendum in the ...
Rob Van Riet
Wendy Patton's Cooperative Lease Options
Has anyone successfully completed a deal using her course and contracts? Anyone in Illinios? I want to make sure this is legal in Illinois before I go ahead and start calling sellers. I don't have a real estate lic...