I am sure I am going to get a lecture about being "soft-hearted" and not firm enough with my tenants, but hear me out. As I am typing this narrative out, I've realized there's a lot, so here is everything in sequentia...
There was a property and our bid was 10% over asked. Option period 5 days and almost 10% earnest money. Have bank commitment letter lined up even my agent said it is a real solid offer. We didn't get it and there w...
Hello all,Ok so I am looking into flipping a house, but I don't have the money so I am probably going to end up using a Hard money loan or a private investor if I can find someone in my area willing to finance. I have...
Hey guys!I am in the middle of negotiating on a 3 flat with an illegal garden unit. We've agreed on a purchase price and are just about the signed the purchasing agreement. The listing agent mentioned that 3/4 of the ...
Need an advise!!!!Buying a house in LA (ESCROW does the title here, we don't use lawyers in LA ). Escrow close on 10.15, all the docs are signed and the financing approved....Oppps...The real estate agent calls me tod...
I'm representing the seller in a real transaction here in Oklahoma. I assisting the buyer as a transactional broker. (AKA I'm helping both sides of the transaction).
Unfortunately, my seller passed away early this ...
I've been actively looking for duplexes in the Fort Myers, Lehigh Acres, & Cape Coral area of FL. Price ranges for these properties are in the 130-200k range and I'd have to live in one side in order to secure the...
Hello BP,I am currently submitting documentation for a cash-out refi on one of my properties per the "BRRRR" method and had a question:Should I put down a property I acquired subject-to as an asset? The title is in m...
GOOD MORNING JUST A QUICK QUESTION ABOUT SAVING ON INTEREST PAYMENTS ON RENTAL PROPERTIES . WOULD IT BE GOOD IDEA TO PAY OUT A RENTAL HOUSE AND SAVE ON THE INTEREST ON THE LOAN OR LET THE LOAN RI...
I'm new to REI but have $12K to invest and really want to begin investing in real estate.
I know there are limited options but I'm open to investing in less desirable areas as long as vacancy rates are reasonably l...