Hi,
I'm starting out in this business with a family member as my mentor. I've read several books and taken the courses, so I'm feeling pretty confident I could do this business. He has had good luck with direct mail....
Investment Info:
Single-family residence wholesale investment.
Purchase price: $195,000
Sale price: $240,000
Fixer upper property flipped with wholesale for $45k profit to investors.
What m...
This is certainly a newbie question, but when filling out the TREC 1-4 contract to purchase a property as an entity:1. In Para 1, what do I enter in the line for the buyer?2. On page 8, for the signature, how is this ...
Looking at a deal in Pensacola, Florida.Can anyone recommend a HUD registered broker in Pensacola? How about a local Property Manager?Have spent most of my time researching South Florida, but this deal up in the panh...
Hello,We are in the process of a 1031 Exchange. We are selling 2 properties that are each owned by different LLCs and will be buying a single larger property. Because of the 1031 Exchange rules, we will need to buy ...
I'm needing help funding my next investment property. I currently own 3 properties (all duplexes). I don't have much equity in my primary residence, but I have est. 100k in one of the duplexes I own. Are there any ban...
Hello BP amigos,I’m Dominic Schroeder a newbie to real estate investing. I live in Rineyville, Kentucky, a small town outside of Fort Knox. I’m active duty Army at Fort Knox and planning towards my retirement even th...
Hi I'm a newbie hoping to flip and or wholesale I am an a licensee in VA. I'm wondering what happens when you fail to sell the house within your projected holding period. Now the Hard Money starts to get expensive a...
(Current as of ~2003.... I'm searching for any updates to this & will post what I find)
For reference, in regards to FHA loans purchasing property from relatives or other similar situations...
Non-Arms Length Tr...
Hi,Just a quick note to introduce myself to the community. I have owned several rental properties over the years and currently own a property management company with 32 units under management. Joined BP to interact ...