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If purchase a property with cash due to seller distress/quick sale and then attempt to utilize the 203(k) loan to rehab is it considered a cash out loan if you want to end up with less money down than you paid for it?...
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Hello.
I'm wondering if anyone on BP has a sample owner financing Purchase agreement? I would like to compare what I have and maybe use what other thinks works best.
Also if anyone has done this before... could y...
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Looking to buy single family home that could have around 30,000 in equity right away. Owner says he would sell to me at a steep discount. Just a tired landlord is all. How can I do this and only purchase the property ...
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Titled 4-plex with a non-conforming unit cash flows approx $6900/month. Without any unexpected maintenance the property produces a profit of about $400/month with full occupancy, which includes my owners first(impound...
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I'm trying to buy a place, but it seems like the real estate market is shady. All of the homes I've been interested in have sold for under or slightly above what I have, even though they were listed for much more orig...
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More horrible news from this sad city. Btw, Seattle City council approved an ordinance making criminal history "off limits" on rental applications. Maybe not a good idea.
https://komonews.com/news/local/ballard-800-...
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Hi BP community!Have an interesting situation on my hands and I think I know which direction to take, but I'd love the opinions and thoughts of the community to help guide my novice self!Situation:I am buying a proper...
We’re are in the final day of escrow our lender called us on Monday and said they sent over VOE’s to our jobs and needed us to make sure they were completed so that we could close on Wednesday (today). So we scrambled...
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I have been reading through the forum posts on LLCs and I am still unclear on a few points.1- Should I use an LLC for my first property or wait untill I have a few and enough equity/cash flo to worry about? (That said...