I've bought a number of houses over time for my personal use so am familiar with how the transactions work in general. Also, my wife has her MLS license so we have access to MLS, State forms, etc.My question is, I've...
Hello everyone,Up to this point, I've only focused my efforts on wholesaling and purchasing SFRs. However, I ran across a craigslist post of someone selling 10 mobile homes for $275,000. My question is what are some o...
Hello fellow knowledgeable BPers-I have just had to replace entire HVAC unit due to mold. I bought my upstairs, downstairs duplex last year. The HVAC system was laying on its side underneath the house and moisture, ...
I was reading an older book (2000) by Dallow where he states that in foreclosure auctions in NY, the buyer has to pay the homeowner $10,000. But I can't find anything online to confirm that. If anything, it sounds l...
I'm a new investor and looking for any advice or guidance around quit claims with consideration and a side note for payments. About 6 months ago, my grandparents moved into an assisted living facility. My aunt is h...
Greetings MPLS BP community! I recently moved to the Twin Cities and I am currently looking into Duplexes in NE Minneapolis for some version of a rehab+house hack. I've been diving into the due-diligence on the NE hou...
Hi all,
My significant other recently purchased a 5BR primary residence and is renting out 4 rooms to roommates. We have an LLC, but the home is under her name (we understand you cannot put mortgages under LLCs). Whi...
John Schaub says that considerations don't have to be in the form of cash; they can be a service. He says if you're optioning a property, you may want to make your consideration an "initial house cleaning" or some oth...
Hi;
In a lease/option deal with me as the middleman planning to assign interest to a tenant/buyer, is there any way to legally write my assignment fee so that it counts towards the option consideration also?
Thanks