Kevin S Christensen
CA Purchase contract
I am a real estate broker, and homes that I have sold to investors have large down payments or cash. Off of the purchase contract, I would verify proof of funds, ask for prequalification letter from a lender if buyer ...
David Calme
Accredited Investor Certification
Good Afternoon All. I was wondering if anyone can shed light on the most efficient method of proving accredited investor status, from an investors perspective. I know that some of the crowdfunding sites are using 3r...
Angie W.
What Questions do you ask when calling employers/landlords?
I have what looks to be very good potential renters. They have no evictions or judgments of any kind and on the application state that their income is more than enough to handle the rent and all other expenses.
...
Andrew Hofing
6-Unit with Owner Finance
Is this a good deal for a first Multi-unit? I'm kinda caught up because of the balloon @ end of finance. Seller Financed Terms:Sale price: $165,00015% upfront cash deposit and $1538.27/month for 60 months with a bal...
YiBing T.
Buyer's lender is requesting sellers LLC operating agreement
Hello BP,
My wife and I are flipping our first house. The house is in the name is a LLC. The buyer mortgage company is requesting us to provide them the operating agreement of the LLC. I can understand if this requ...
Karla Yudy
Help! Just got my 1st Mobile Home Park Under Contract!
Any experienced mobile home investors out there? I'm looking on some feedback about what steps to take when buying a mobile home park as I have no experience with mobile homes! This is a small park (only 6 homes) so I...
Jason Malabute
Avoiding fraud on long distance investment
I am preparing for my first long distance real estate deal. I am trying to do everything David Greene talks about in his book. I am:1. Recruiting real estate agent who did most deals and best reviews in the market. (S...
Michael Lawrence
24 Unit multi family (first deal)
Hello biggerpockets,I have found a 24 unit complex for sale that is mom and pop owned. After using the bigger pockets calculators I think it a good deal but I wanted to ask you all what documentation I should request ...
Mark K.
What do "expenses" actually entail on property listings?
Hello, I am beginning to look at property listings online for multi-unit properties and am seeing the "expenses" vary from property to property. Sometimes it's not even listed at all. What exactly do the expenses en...
Samuel McCrory
first investment property
Investment Info:
Single-family residence buy & hold investment in Foxholm.
Purchase price: $215,000
Cash invested: $50,000
First Investment Property full of learning Curves, but overall very happ...