Michael Spindler
Explanation or the Wholeseller / Investor relationship?
Hi BP,
Can someone explain to me the relationship between the Wholesaler and the Investor?
1. Do they (wholesaler) negotiate on your behalf with the seller for the terms? Or does the wholesaler and seller already h...
David Sharp
Deed transfer
Hello All - I am looking for some advice on a property that I have in AZ. We have been considering selling the house, it is currently listed. Our initial reason being that we put $30k into it and did not want to have ...
Matt Vogt
Trying to decide on full finance or cash and finance
I’m looking into a home that I can get for $152k and needs $15k in rehab.The rehab can be done while we live there. It’s appliances, lower bathroom and deck.Ill be renting it to friends that lived with me prior to get...
Jason Whitlock
Bank owned property purchase
Long story short, there is a single family home that had a fire, the owners have don’t partial work to fix, but over the course of a year failed to finish the project.They have foreclosed on the property, I have a rea...
Matt Tobler
Bought a home with a squatter in it. What to do?
A few days ago I purchased a rental property in Minnesota. The old owner was giving her uncle a place to stay so he has been living there. They never set up a lease agreement or anything. Long story short, I showed up...
Christina Colon
Rehab using credit cards
Recently I completed an entire rehab on our long term rental and converted into a short term rental. I'm 2 months into running my short term rental and we have been breaking even (thankfully). The dilemma:We used some...
Anthony Parr
Action Steps after Closing on a Rental
We are building a portfolio of rentals and I am looking for a strategic methodology that can be applied to all new rentals that covers everything that is addressed prior to tenancy. Do any of you have a system that wo...
Dan Buchta
Texas Property Code Question
Hello Texas Investors,
I am in the process of converting my primary residence to a rental and I have been advised by multiple sources about the security devices requirement in Texas' property code: Sec 92.153 in this...
Sergio Aguinaga
Bank mortgage loan question
If I purchase a home of 100,000 and put 20% down on a 30 year fixed rate mortgage at 5% interest, then the loan amount is 80,000. If 5 years later, I want to sell the home and it is worth 120,000, and the loan balance...
Daniel Vanhala
Any options for seller to provide down payment?
Hi! I'm new here (25M). Currently working on my first BRRR property. I have a former co-worker who wants to sell his starter house. He says if I pay him full asking, he would provide me with the 20% down payment since...