Alexandra Berman
BRRRR - financing / loan question
Hello - Newbie here!!!! Looking into doing my first BRRRR transaction and trying to learn as much as possible. I have a question on the FINANCING of the first BRRRR purchase. can someone explain what is the best way t...
Victor Oben
Property under contract multiple times - red flag?
I'm thinking of making an offer on a property but noticed its been under contract at least 3 times, and the contracts fell through. Is this a red flag that there's something seriously wrong with the property?
Nick Graziose
A Costly Disappointment - Yale Assure 2 Locks Fall Short
I recently invested in a whopping 28 units of the Yale Assure 2 smart lock, expecting a seamless blend of security and convenience for my home. Unfortunately, the reality has been a cascade of disappointments, with th...
Fred Langley
Refinance, 1030 or Pay Caitak gains
I'm new to BP, so if this is not posted in the right forum I apologize.I currently have an investment condo in downtown Denver, my Principle Balance is $161k, and the value is roughly $300k. -P & I $969.87-HOA $35...
Nathan Paisley
To get a C.O or not to get a C.O... that's the question
I need an answer from a true wholesaler/investor. Do I need a C.O to assign/double close a property in as/is condition? I've never heard of wholesalers having to have one but my attorney said, that in SOME municipalit...
Jacob Beard
Advice on purchasing home with termites
Just found out during a brief inspection a home we put a offer in for has termites. Nice duplex but very disheartening. If me and my wife go through with everything it would be our 1st home. We just aren't sure what t...
Karina Cao
First time MF investor and out of state: is under-construction properties a bad idea?
Hi BP Community, I am looking to buy my first multi-family property (6+doors) and I am wondering if buying properties that are currently under construction is too risky? How are the risks different from buying existi...
Ravi B.
Buyer Beware Alert - Builder
Wanted to post here to warn investors about a builder in the Triad/Triangle area called Keystone Homes. Bought a brand new townhome from Keystone Homes that immediately after closing had a raw sewage leak that covere...
Rance Jones
REO Property Past Closing Date
I am attempting to close on my first REO investment property. The bank did not have clear title when I submitted my earnest money. I did not think to ask at this stage of the deal. It has been 2 extensions and 4 month...
Joe S.
Whole Seller filed an affidavit of contract then disappeared
So I get a call from the seller and go to the property and contract it. I get word back from the title company that someone had filed an affidavit of contract about a year ago. I discuss this with the seller and he sa...