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Results (10000)
Patrick Britton Earnest money amount
1 May 2015 | 18 replies

For private sales is it reasonable to have the earnest money amount be something between $10 and $1000? And I assume for REOs and short sales it would be greater?Does it raise a red flag to the seller if I offer only...

Hao Kung First 4 plex offer/conservative analysis
4 March 2013 | 11 replies

Hi, I made my first offer on a 4x plex recently in las vegas. Its an older home built in the early 1970's with 4x3bd. I want to be fairly conservative with my analysis since I want a fairly big margin of safety.

Re...

Mark Hu Wiring deposit funds before purchase agreement signed?
29 July 2011 | 18 replies

We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...

Debra Nolan How do I find a mortgage loan originator?
16 October 2018 | 8 replies

I am investing in mobile homes and I want to use the exit strategy and offer seller financing, but as we know the Dodd Frank law makes that difficult,I want to find a mortgage loan originator to work with.has anyone t...

Andrew S. How to negotiate repairs if seller needs to close in <30 days?
8 July 2019 | 3 replies

Background: I have been a tenant for 3 years in the home and have a good relationship with the owner/landlord. Deal: Private sale of the home with the landlord. He needs to close by the end of July. I just had the ins...

Debra A. Everyday Challenges = New Milestone Towards Multi-Unit Rentals
7 December 2018 | 0 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Woodacre.

Purchase price: $850,000

Cash invested: $300,000

Private purchase of a 1bd 1 bath main house-remodeling into 2/...

Craig Brouillette Strategies for making an offer to a private seller
27 March 2015 | 3 replies

I get responses from my marketing efforts and I want to make sure I'm successfully converting as many of these prospects as possible to closed deals.  I don't wholesale, just negotiate to buy the deals myself, and if ...

Daniel Sparre New to BP from Burlington Ontario.
9 March 2016 | 10 replies

Hi everyone, I'm new to BP and looking to make some great connections with people in the Burlington/Hamilton markets. I invest in real estate part time due to the fact that I spend 8 months of the year overseas with w...

Angel R. Pay off car loan or save?
18 October 2022 | 5 replies

Hey everyone, looking for some input. I have a car loan for 29k at 1.9% I currently own two duplexs, one I'm housing hacking so 3 units rented total. In theory, one of the units pays my car note. $483. I want to acqui...

Bill McCoy tax consequences of "short sale" on private note?
13 April 2019 | 2 replies

I held a private deed of trust (5 years, balloon payment) in a friendly transaction but it was all properly recorded, etc.. I agreed to effectively a short sale: mortgagee sold property and I received all proceeds, wh...