Prab C.
Not using a realtor on a purchase - advice needed
A wholesaler recently shared an off-market deal with me. The seller doesn't want to put it on the MLS to avoid paying heavy realtor fees. The wholesaler is not a licensed real estate agent.
How important is it to hav...
Robert Carlson
Benefits of Buying New Construction
So what are the advantages of buying a NEW CONSTRUCTION HOME? Well, here are some:
- Minimal maintenance worries, as everything is BRAND NEW. And for those things that do pop up, they are likely covered under a hom...
Brian Bistolfo
Cash-out Refi: Terms and Timing
Hi All,I'll be needing a cash-out refi on a rehabbed investment property in KC in a couple months. Property is bought in cash so no loan on it currently. Haven't gone through this particular process before so I'm won...
Skip Reath
Advice needed on South Chicago Condo flip
Hi all first time on BP so hope I do this correctly.Have a situation on a fix n flip deal that has turned into a nightmare. Purchased 13 condo units in a south Chicago complex in 2012 hoping to fix n flip. So far I ...
Venkat Varad
Using builder's finance company to close the loan
I'm in the process of purchasing a new investment home from a known builder. Initially for prequalification they asked for lot of documentation, which I provided and approved. I was told that, it is part of their pro...
Zinzi A.
Purchasing tax delinquent property
Hi BP community. I recently came across a property that is delinquent on taxes. I am informed that the owner has received notice that the property is now in the process of being taken as a result of this delinquency. ...
Brian Walters
Seeking my first rental property
I'm currently seeking my first Rental Property. However, I more likely will not be able to produce the full down payment to make a purchase. I haven't found anything yet, but currently doing research. (I have more tha...
Devin Arrigo
Accountant / RE Agent recommendations in Los Angeles area?
I'm in the process of buying a second home in Big Bear, CA that I plan to use for personal use but primarily as a STR. I have a few questions about liability protection, insurance I should purchase, and the tax implic...
Dale Viljoen
What happens if your loan doesn't get approved within time frame
Currently I am learning real estate in terms of the purchase of the property and everything involved with it. I have currently read that most conditional periods sit at around 10 days from the day the signed offer (wh...
Keanu Wapples
laundromat as a investment
Has anyone ever purchase a property with a laundromat in it. If so how was your experience I'm looking into purchasing a property with a laundromat as a investment. Just wanted to know if anybody has done it before.