I have an opportunity to invest in a home for use as a home based rehab business. It’s set up perfect for them. Has 3 bathrooms with 1 being handicap accessible and 4 beds with option to convert a 5th room into bedroo...
i have a property I just purchased (last week) and am considering either rehabbing (2 unit) or selling out.
Purchase price (total HUD) 12,300 or so
Rehab needed $25,000
would rent for about $1100/month
Offer 1 is $...
I have a seller who is interested in selling their property via lease option, which I intend to assign. They don't expect to have their things moved out until the end of March, but obviously I would like to get the de...
Hi there, I recently heard from an investor that the courts are beginning to crack down significantly on Lease Option and Rent to Own programs when a "rent credit" is involved. It had something to do with the tenant n...
Up to this point I haven't done seller financing at all, however in order to grow my rental business I think I might need to start looking at it more. A investment colleague was telling me the absolute wonders of mast...
I’m a local contractor new to investing, I created a partnership with my wife’s father and we are about to close on our first multi family with a conventional owner occupied loan in my father in laws name. I want to c...
I am new to this site but have been looking at a variety of threads and wanted some advice. I just turned 25 and recently bought and currently own a brand-new, $1M house with 20% down in an area that is likely to appr...
Hello BP! I'm fairly new to the world of real estate/rehabbing/investing but I just stumbled across an off the market deal in the DMV area that I would like to close on quickly. What are my next steps in the proces...
BP community - My friend approached me about a property that he purchased almost 6 years ago in Richmond VA. He went in on a deal with his brother to fix & flip this property, but for whatever reason, plans fell t...
So the project is 100% bust. Sponsor is offering 2 options. One is to get a K1 for the full amount of the investment loss. Option 2 is to get a promissory note for the full investment amount, payable over five year...