Friday Delorio
Day 3 of my 90 day challenge - when to get pre-approved for a loan?
I will close on a property within 90 days. At which point should I get pre-approved? Can you get pre-approved without knowing the area in which you're going to buy real estate?
Walter Correia
How to make deal with a property that has knob and tube wiring
My wife and I are currently under contract and we are looking for some advice on how to close on this deal. The property that we are looking at asking price is 224,900 single family home with 6 br, 2bathrooms and 2,60...
Jon S.
Tenants Want to Completely Turn Off Electicity and AC?
It's 96 degree days here in Tampa as summer approaches, and getting hotter. A tenant is moving out at the end of this month, but they want to shut off their power 2 weeks before their lease is up, because they are mov...
Josh R.
Utilities have been off for over 2 years...
What problems should I be looking for in a home that has had no utilities on for over two years?
This is a brick home that was built in 1955. I know our extreme temps in TX can wreak havoc. Any advice is appreciated.
Wil Jerome
Do i need a New hard money lender or partner?
Hello everyone. Am Will and i have a problem here and need help on what do next. For the last several months i have been looking in my area for the right deals and lender to pursue my career as a developer. I graduate...
Adam Demchik
Wholesaler/Realtor wants power of attorney to do deals
Hey BP...somewhat odd legal question: I met a realtor/wholesaler that wants me to give him power of attorney to put houses under contract. The purpose is to allow him to quickly get the house under contract and off ...
Dave Mosher
Should I take the tax deductions or claim the income?
I am closing on my first SFR on December 20th. Financing has gone great with no problems. I went through a local bank, who offers portfolio products. I was talking yesterday about what I would need in order to purc...
Charan K.
Need advise: No bids on homesearch.com, should we place a bid?
Hello everyone,We looked at a property that needs some repairs (new water heater, washer/dryer, dishwasher, paint, flooring, kitchen counter-tops, cabinets). We didn't hire an inspector, it was just a visual inspectio...
Kathleen Petty
Need help with financing
I have help with the 10% and closing costs. I need someone to come in with the other 90%. The total deal is $645k.Here is the deal:Here's the deal:I have 2 houses/properties I want to buy:Here's the idea--These proper...
Brett Laycock
Major learning experience
Investment Info:
Large multi-family (5+ units) buy & hold investment in Phoenix.
Purchase price: $600,000
Cash invested: $400,000
1950 drive-in motel. 90% gutted. Only the brick walls remained. N...