Michael Shepherd
Delayed Financing for BRRR
Is it possible to get delayed financing on a home I bought and renovated and rented with my own cash in order to get some money back quickly? And then get the rest by refinancing the delayed finance after a seasoning ...
Marc Freislinger
Deed restrictions
I found this in the MLS listing of a property I was checking out today.
Cash transactions are subject to special deed restrictions. The Grantee(s), or purchaser(s), of the Property may not re-sell, record an addition...
Chance Cooper
Tenants forfeiting their security deposit?
I have a tenant that signed a notarized lease for one year, and gave me an $1100 security deposit. They were supposed to move in on July 1st 2016...They just called today and said they wanted to back out. Ive had the ...
Matt Geerts
lease-option a power of sale house
Does this work?Find a vacant house and contact owners.They've been kicked out by the bank under power of sale.I feel that the house is worth 150k as-is, 10k in updates (not big repairs) could make it fit into the 190k...
Alexander Phillips
1st time buyer, cold feet after mess + closing cost increase of 3%, can I back out?
Hi all,I was supposed to close today on a $270k new build duplex out-of-state, but it's been delayed to Tuesday. Can I get any general advice on what my options are? Can I back out? What are my costs if I back out?...
Kaiya H.
NJ Tax Liens -- What's the law say?
Hey All! I am interested in investing in tax liens. Several years ago I read Michael Pellegrino's book on Tax Liens but unfortunately I cannot find it anywhere in my home! I *think* I remember that in the book, he ...
Robert Schwenkler
Managing liability (via LLCs) while using residential loans
Hi gang,
I'm just starting to look into/learn about commercial lending, and of course the terms on residential loans are typically better, sometimes by a large margin.
David Greene and other BP hosts talk about how ...
Dylan Swinney
Taxes on assigning contracts
I am very interested in wholesaling or assigning contracts to kick off the start of my investing career. I have found a lot of information on the process but have yet to find anything on taxes. Can anyone help me out??
Mike S.
Questions about Structuring a Seller Carryback in CA
I am in negotiations with a potential seller who owns a property free and clear and is willing to "entertain" the idea of a seller carryback. She is fixed on a certain number (sales price) and I have been playing ...
Karissa Sampson
Need to lock my rate ASAP-Buy points or no?
I understand the fact that my money is worth more now than in the future and will be rehabbing the property (BRRRR). I plan to cash-out-refi the property in 12 months after the rehab. Would like to get my my money bac...