Benjamin Barredo
Can a Home that is Part of a Legal Battle Be Bought and How?
I got a call for a poor old woman that has a tough situation. In short, she deeded two of her homes to her son who was being sued by a construction company. The company found out about the properties, included them in...
Chris Lopez
Property Analysis in Denver area - Centennial
I’d appreciate BP’s opinion on a property. Thanks in advance!Currently my wife and I live in Los Angeles, CA. We’ll be moving out to Denver in early 2018. The plan is to pickup a property before we move out there. I’v...
Angel Jordan
How to cancel contract
How do you cancel a wholesale purchase agreement contract in Maryland? Is there a particular way to cancel the contract without being sued? I am coming up on the end of my inspection period, and may need to cancel my ...
Katherine Roberts
A loan with money back from the seller
Hi,I’m new to real estate investing. I found a duplex I’m interested in and I want to make an offer. It needs a new roof and one of the units had some water damage so I’d need to redo the cabinets and floor. I figured...
Account Closed
Here's my goal, whats my strategy? Buying o/o then leaving & buying single fam.
Hello, I'm new to this forum. Please pardon me if this is posted in the incorrect forum area or if similar topic has already been discussed.My wife and I are looking to buy a home. We are in a good spot to take advant...
Benjamin Walter McPhail
Understanding Mortgage Fraud
My wife and I bought our first owner occupied home in January 2019. We were intending to live in it and rent it out using Airbnb in the summer since we live in Alaska and the population here skyrockets. She got offe...
Jennifer Edwards
How long before I can rent out a home purchased as primary res?
I was pre-approved for a conventional mortgage on a small home as my primary residence. I'm at the beginning of the process and am curious how long after purchase I have to use this house as my primary residence befor...
Alexander Spira
Is a unauthorized apartment a deal breaker
I have a deal for a 4 unit multi family house in the New Haven CT area. The house has been totally redone in the last 5 years so this property should not have any big surprises.Price break down for each unit is $850 ...
Kevin Powell
Buying First Rental Help
Hi BP Fam! I'm close to being ready to pull plug. I'm in California and looking to purchase my first rental in Sacramento, CA. I was thinking of going with a first time home buyer program, puttin a little down, and re...
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125% Purchase Financing - Cashout at Closing. Your Comments?
Has anyone tried doing 125% financing? I recently moved to a mortgage company, Ace Mortgage, and they introduced me to a product I was unfamiliar with. It is 125% financing. From what I have seen, it fits the niche fo...