I am working with a client who is looking to flip a property and will be using a hard money lender. I am writing up the offer but I didn't know if it would be considered a "cash" offer or financing. If they ask for pr...
When you wholesale, how do you verify proof of funds exactly? Is there something you need to do, or does the title company do it?
I found what appears to be a great deal on a duplex and am looking for financing for the property. The only issue is that I am a college student with very little credit history and only a part time job. Are there an...
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...
We had a great deal that we were going to sign contact on recently and the seller came down significantly on the purchase price.They wanted 24,000 but they wanted proof of funds immediately upon signing contract! I di...
Hello All,This is just a second try from the initial proof read under the post "Letter to Absentee Owner: Proof Read"Tell me whether it looks better than the last and everything and anything you notice that I SHOULD i...
Hi BP, I would like to thank you guys for everything before anything. I finally put out signs and been talking to sellers but I'd like to further my education now that I'm ready. Would someone please explain to me the...
I own 3 units, have tenants that have been living in one of the units for no more then 3 months. They complained about Fleas. I hired pest control to go fumigate. Tenant called me back after a week complained about Fl...
Hello,I just bought a SFH in Southern California and planning to do a full gut and convert the garage into a unit. I am going to move in the SFH then rent it out both units in the future. This is not my forever home.D...