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Results (10000)
Johnny Debt Submmited Offer for REO
4 February 2010 | 15 replies

Hello,

I recently submitted an offer on a REO through a my own agent. I submitted my offer with a 203k loan approval. I offered a bit higher than listing price and also putting 20% down. However I just browsed and ...

Andrew Sanders A question for all levels
12 February 2021 | 5 replies

Hey BP community. I just started learning about REI, I'm looking to buy my first property this year (and many more after, hopefully). My goal is that illusive financial freedom, I don't want to work a "9-5" anymore (t...

Account Closed How quick can I get a commitment from a lender
7 January 2018 | 7 replies

Hello BP! I’m I new investor in the Minneapolis / St. Paul, Minnesota (Twin Cities) market. I just submitted a purchased agreement to buy my first duplex and the seller responded accepting with the added condition tha...

Brandon Sturgill What's First: Establishing a Private Money Fund of Finding a Deal
21 September 2016 | 7 replies

Would you mind sharing your perspective on whether you think it is preferable to raise private money to buy property, or get a property in contract and present to private investors?...and why?

Mitchell Pollard I raised $750,000 from private investors....
6 August 2019 | 28 replies

I thought the hardest part of syndicating would be raising money. But now that I have the verbal commitments from private investors, I can’t find a deal! (apartments: value add & turn key)

Any tips?

Tony Blaine Best Way To Provide Proof of Funds To Seller
2 June 2015 | 8 replies

Hello BP Team, i wanted to get your opinions on the best way to provide proof of funds to a seller and their broker when you are using private investor funds and hard money to purchase a Commercial property.For exampl...

John McLaughlin Preliminary Title Search for REO Purchase
12 April 2020 | 11 replies

I’m considering bidding on a single family REO on an online auction. I did my own “title search” and found only one mortgage (foreclosed). In addition, I found that the prior owner has two or three IRS tax judgement...

Francis Dinh Seller mistake lead to cancelling the contract
21 November 2017 | 15 replies

Hello all,I am buyer from California and under a contract to buy a house in Texas. It was supposed to close in next 48 hours. My agent just noticed me that the deal will be cancelled because the title company has foun...

George Formento Marked-up title insurance commitments
9 January 2012 | 2 replies

I have the opportunity to do a deal where I will be able to buy a property at a reduced price only if I make it happen within the next 2-3 days. My problem is the following: The seller bought the property from HUD and...

Kedrick Thornton When should Letter of Intent be signed?
5 January 2017 | 3 replies

I have a verbal commitment from a potential investor and would like to get this commitment in writing as soon as possible. I have not found the investment opportunity just yet but I have kicked my search into full gea...