Freddy Alban
Chronological order of a deal
Hello BP,I’d like to know what’s your chronological order in doing a deal from start to finish. I’m having issues in knowing who to contact first (lender, GC, seller) how do you guys ensure you’re not wasting nobody t...
Dominick Johnson
Rental Under Contract!!!
After searching the market basically every day this year, direct marketing attempts with no results, and writing multiple offers that were not accepted, and a cash cow 5 property seller financing opportunity that the ...
Carlos Carrion
Seller signing multiple contracts
I have a property under contract with a memorandum filed on the clerk of courts. It is tenant-occupied and proper notices were delivered for the tenant to vacate. The seller informed me that she had received multiple ...
Kyle Soderman
Line of Credit
What criteria does a bank consider when you apply for an unsecured line of Credit? I have a great credit score but since I just closed on my first property (woo!!!!) my debt to income ratio is not good at all in the b...
Account Closed
What should I do when someone is underwater?
Hey everyone, I keep running into a problem, which is getting leads where the home owner is underwater. Example: I got a call today about potentially buying a home with an absentee owner. She said her tenants lease is...
Lauren Patrick
RE AGENT VS. WHOLESALER
Hello BP fam! I'm Lauren from Houston, TX and I'm fairly new to the site, let alone investing. A little educational background on myself, I'm an undergrad student majoring in psychology with a minor in marketing and a...
Joshua H.
Buying a Property that has a line of credit open
Hello all! I've been looking for about 45 days trying to find an answer before bringing this to you guys. I am purchasing two properties and one has an open line of credit on them. I am purchasing them both under a la...
Zoe Lee
Preexisting issue not disclosed by seller
Hi there,We recently bought a house in Dallas TX. A couple of weeks ago the tenant called about toilet backing up. We sent a couple of contractors there to look into it. They found that the plumbing lines were not ins...
Kevin Dee
BRRRR Method and proving cash accounts to seller
Hello! Quick question from a first timer in BRRRRr. It is fair to say that I'll be making an all cash offer if I'm going to utilizing my HELOC funds? The seller's broker needs proof of bank accounts. Let's say I have ...
Luis Herna
Can some one tell me what things can be done to overcome Due On Sale Clause?
Can someone list 5 things I can do to over come Due On Sale clause in seller finance deal?