I'm hoping to gain insight and knowledge to purchase a (owner occupied) multi-family unit. I think I'm doing something wrong when using the rental property calculator. Each time I've analyzed, the ROI is negative, and...
I'm looking at a deal where a subject to or assuming the current mortgage is in play (& honestly probably only way this would make sense) Anybody have experience with doing a subject to deal, especially in Connec...
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...
It was 9pm on a Friday night. I had just received the 3rd phone call from a very pregnant wife pleading with me, “babe, when you coming home? It’s late and I’m looking forward to some us time”. Now, most men would spr...
Traditional bank financing can be difficult to obtain when the sale of a business does not include real estate. The Bagel Shop and Deli note highlights how owner financing can be an effective solution.The owners ha...
Hello All,
Hoping that someone here may be able to offer some advice. One of the Indiana tax lien auctions I am interested in taking part in requires a letter of credit. The auctioneer website says the following:
P...
Hi BP,First time investor potentially closing in on his first deal. I am currently in negotiation with a seller to buy two duplexes here in South Florida.To give you some background information the seller is an elderl...
Hello all, we are buying a property and selling our existing home. We have 150k equity in the house we are selling. We are already in contract to buy the new home. We will likely close on the new home before we sel...
I have a duplex in Wisconsin and the upper tenant has just notified me that she lost her job 3 weeks ago and doesn't have money for rent this month. She said she has requested a check out of her 401K to cover rent but...
Complete newbie to wholesaling, though I have read multiple books regarding the subject. As you read this post, you can think, and begin to notice that it is your experienced knowledge which will help me produce a win...