Dan Bosworth
Initial cash offer convertible to conventional?
Im looking for a financing option that can allow me to be a cash buyer on the front end of the agreement and convert to conventional once the sale closes. Does anybody with experience with this type of lender have any...
Brent Miller
How to initiate owner financed purchase
I have an opportunity coming up to acquire a multi-unit building from a neighbor who inquired if I was interested in purchasing the building. I’m not sure what they are thinking of from a price point, however if it do...
Beau Pearson
Initial Walk through on a rental
On lease signing day with your new tenants, what is the best way to do the initial walk through? Photos? Video? How do you time stamp them??
James Sheppard
Wholesale Scripts - The Initial Pre-Screening
Good Afternoon Everyone,I wanted to know if anyone had any good prescreening scripts for that initial call from a direct mail.The direct mail campaign that I am doing is NOD and Absentee Owners and I am trying to make...
Justin McGonigal
Developing Goals/Expectations and Initial Questions
I've recently gotten more serious in researching real estate investing and taking a dive into the information here. I initially saw the idea via Morris Invest from a Twit podcast. I've of course since discovered the h...
Steve Scasta
Getting started: HELOC to initially finance?
Good morning all, I'll get right to it. My wife and I are looking to purchase our first rental property. We currently own a wholesale distribution business and I was talking with my commercial banker about financing o...
Ben M.
Refinancing initial quote vs final pricing
I am in the middle of a cash out refinance and was told my rate would be locked. However, the final closing cost is 4k above the initial quote. The rate did get locked but the origination fee went up 2k from the initi...
Stephen Walley
Calculating Returns After Returning Initial Investment
Let's say I have LP investors and upon refinance I pay back their initial equity contribution. What equity amount is used to calculate returns sine you paid back their initial equity?
Bertho Augustin
Best Initial offer on a Duplex
Hello BP nation! I am a new real estate investor trying to buy a duplex to do househacking as my initial investment. I saw this duplex in a good location that has been in the market for about 90 days with price reduct...
Reid Ruckebeil
Freddie Mac First Look Initiative Process
Hello BP, I recently submitted an offer on a Freddie Mac First Look Initiative foreclosure that I am planning to owner occupy. I submitted my offer a day after the listing and significantly higher then asking price. T...