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Hi everyone, I’m a novice investor just getting started and it seems like short term EMD lending or “gator lending” is a great way to go. I have an investor looking to borrow 10k for an EMD in Austin, TX. Is there an...
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I am new to wholesaling. I just read a thread reference assigning a purchase contract from a REO. Am I correct that the only legal way to do an assignment is via a double closing? Thanks!
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I'm looking at increasing my deal volume by bringing in an outside investor for house flipping. The target would narrowly be SFHs needing cosmetic repairs (i.e. flooring and paint), can be rehabbed in less than one mo...
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Hello and good day.I just got a home under contract and am wondering what is the next step.Do I let me Cash Buyers know I have the property under contract and start releasing the property address or do I contact my ti...
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Hi All! I have a potential opportunity that I'd like to run past the brilliant minds of BP....I'm a sub to/wrap virgin, so be gentle.Seller is a friend and purchased this townhome direct from landlord in May of 2022 ...
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Hello Everyone, I bought my first property (3 family) 10 months ago and I'm ready to go again. I went to several GURU workshops, even purchased a "counsel" package for $25K (yes $25 thousand) that fed the best dreams ...
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Like the title says, after months of research, I felt reasonably confident to buy my first foreclosure at an online county auction. I'm not an investor, this was for my family and I to live in.
I ended up pay...
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I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
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I plan on buying a SFR in my personal name. After the 6 month seasoning period with the bank, I plan to cash out refinance into a traditional loan. Do you guys have any issues transferring your title to an LLC? I know...
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Greetings Everyone,
Thanks for clicking on my post!
I am in the initial process of creating a "seller financing offer" to a homeowner who is interested in selling a single-family residential home. The backstory i...