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Results (10000)
Michael Maxwell Seeking advice with commercial purchase opportunity
2 June 2023 | 3 replies

“It is based on an 8% cap and 20K per unit for the 24 potential residential units upstairs.” Is that a thing, can you assign value based on units that don’t exist? It’s not like you’re getting the building with empty ...

Eldon S Bailey Home Improvement Loans
24 November 2015 | 2 replies

I want to increase the value of my primary home by doing some much-needed repairs.  My wife and I want to sell this home, then downsize or owner-occupy a multi-family, and have additional cash for investing.  We curre...

Paul Magda Seller Financing Analysis: To Buy or Not to Buy at $350k?
26 August 2023 | 1 reply

I need help analyzing a creative finance deal:
here is the breakdown
425k ARV
350k Purchase price
100k down payment
75k rehab costs
Here are the terms: the homeowner is willing to carry 250k for 30 years princi...

Austin Hutcherson Wholesale Closing Costs for Los Angeles County
7 July 2015 | 3 replies

I read on a title company's website that the seller pays majority of the closing costs. I understand that this is the traditional way things go, but does it have to be done this way or can the buyer pay all closing co...

Andrew C. Can anybody walk me through the steps of buying my property?
21 September 2021 | 1 reply

I just want to make sure I have everything correct:1) Pull list of from propstream for potential motivated sellers2) Market to said sellers (I'm planning to use ringless voicemail or postcard, no cold-calling unless a...

Luke Anderson Tenant bankruptcy
27 July 2016 | 1 reply

Has anyone had a tenant declare chapter 7 bankruptcy before?

I had a former tenant that I was able to put out for not paying rent. I got a judgement for the past due rent and started a garnishment. She declared bank...

Brad Bass Purchasing building that was previously split into condo parcels
31 May 2018 | 1 reply

I'm currently under contract for a 5 unit building and have hit a bit of a snag.  One of the previous owners split the units into their own parcels, which classifies them as "condominiums".  However, I am purchasing t...

Dexter Kubi Investing while renting and going to school
28 November 2017 | 2 replies

HelloI'm currently renting a single family apartment and I want to get into real estate investing. I also going to school for my MBA which loans are deferred until I graduate a few years later. I have a decent credit ...

Matthew Weirath New to all of this
30 November 2023 | 1 reply

Hey everyone! I'm pretty new to all of this so I figured I'd put my situation out there and see what others think. I have a house with about $40,000 in equity, I have $6000 left on a credit card that I'm paying off. I...

Jacob Carroll High Yield Business Savings Account & Best Credit Card
26 August 2023 | 1 reply

Hello BP Community,I have recently removed the escrow accounts from our financed properties. That means I will be sitting on a bit more cash until I pay taxes and insurance every 6 months. That said, I could park this...