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What is the norm with regard to option fees for feasibility and earnest money related to MF apartment deals? Regarding option fee, I think I got lucky on my last deal at $300 for 30 days. The current deal I am worki...
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Hi,To quickly introduced myself, I'm from Belgium where I already own a few appartment buildings.Next month, my cousin is going to move to San Diego in order to start a new life. In order to help him, we have raised (...
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I've been reading and reading and reading about strategies and all things REI. I've learned about preforclosure and subject-tos, etc.
But, I've also learned that Maryland has squirrely laws about such things.
As a ...
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I'm going to approach the owner to purchase a foreclosing home, subject to lender approval of a short sale on the 2nd and 3rd. Indy has the 2nd and WaMu the 3rd. What can you tell me about these lenders? Auction is...
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Hey all! I just got a very warm lead that is in quite the predicament. I'm very familiar with every aspect of real estate - except short sales. I have someone that currently owes 3M on a house that can only be sold fo...
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Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...
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It seems to me like you'd need most importantly time to find your buyer, if you don't ideally have one ready with cash in hand at all times waiting for you to call them regardless of what you have, in which case how...
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I don't know hardly anything about foreclosures and I haven't found the answer in the forums yet. I have found a property that would be a great deal (#s look great, due diligence still needed). But I was told by the l...
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Hello BP and BP members,To make this short & simple, I am a new member, 24 years old, and hoping to jump into REI this year! I have been listening to BP Podcasts for the past 2 years, and finally thinking about di...
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Hi Guys,
Quick background: started with a duplex, added a fiveplex to the mix. Sold the duplex because it was too much maintenance. Now we're looking at a great little triplex but I'm hesitant because it sort of seem...