Hi,
We currently live in a town home that we bought as a house for us to live in. We have lived for over 5 years and are now looking for a change. We are not in a position to sell the house as it is underwater. We wo...
Hello BP,
A credit union I use offers some great rates on home equity loan currently but it says that the home must be a primary residence.
I purchased a townhome a year ago and took out a mortgage as a...
I am selling my home as a FSBO. There are no agents or brokers involved.Because of certain circumstances, we have both negotiated and agreed over the phone to the Purchase Contract being cancelled.The escrow company h...
Hello BP community. My name is Hector. I am a bit new to BP and the whole real estate business. I have a question for you guys. If you submit multiple offers at once, and get excepted for a few of them, what happens t...
Rent control can have significant implications for real estate investors, both positive and negative, depending on the specifics of the rent control laws and the investor's strategy. Here’s a detailed breakdown of how...
When a seller signs a purchase and sale agreement are the still able to back out of a transaction. For example, if I were a wholesaler and I came to an agreement with the seller on a price and secured the contract, ca...
Question for you wholesalers / investors. If you have a property under contract to either buy for yourself or wholesale, sometimes people will stipulate in an addendum on the contract they can put a lock box on th...
Hi,I'm very new to Real estate and I'm thinking about buying a condo here in Chicago. I'm quite aware most lenders won't finance an investment property unless I give a 20 % down payment. I want to give a 5-10 % down p...
This is actually my Grandfather's property that I am trying to get him a monthly cashflow since he is now in an assisted living situation. He gave me the property (through a Quit Claim Deed) but his name is still on t...
I am working to put a lease contract in place with some new tenants at my rental property. I am curious as to what legally voiding consequences, if any, may be present by me using a TAR contract. Since I am not a real...