Michael Hauer
Most Recent fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $226,000
Cash invested: $55,000
Sale price: $469,000
I was the buyers agent, listing agent and project consulta...
Michael Hauer
Most Recent fix & Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $226,000
Cash invested: $55,000
Sale price: $469,000
I was the buyers agent, listing agent and project consulta...
Sebastian Furze
Beginner wholesaling questions
Hey, I had a few questions: 1. Is EMD required for the contract to the homeowner? Can I delete that from the agreement if I wanted to?
2. I called a title company to ask if they assign contracts and they asked who’s...
Jami Vincent
rental property in McCall Idaho
I need some assistance please. I've got to repair a rental prop that requires the tenants to move out and I don't know the legal requirements in Idaho of what I'm responsible for in terms of paying for them to move ou...
Nina C.
HUD Eliminating Seller Financing for Non Owner Occupied homes
I received the email below from my local REIA. I assumed it may impact many BP members and thought I should share. As I am a new BP member, I'm still navigating the site and wasnt sure if this was the best place to po...
Emil A.
Owner Carry/Financing?
I am a young real estate investor thats looking for his first deal.
Although iv tried reading different articles on this topic, i still find it very difficult to understand how owner financing works... i see the te...
Dillon Kenniston
Seller Financing relative to Equity
Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...
Juan Ayala
Lender negligence may cause us to lose owner-occupied purchase 5 days prior to close
Hi BP Fam! I am in urgent and desperate need to hear from an honest lender/attorney on this matter. We were supposed to close on our home on June 27, 2023. Now due to lender negligence won't be able to. Background: I...
Jonathan Napper
Cash Discount then Cash Out Refi??
Is this plausible or am I out in left field?If I am able to buy a 75K house for 50K because I am paying with cash, can I then execute a Cash Out Refi for 80% APV bringing 60K back in my pocket? The house is fine and c...
KENDRA J.
Renting house to assisted living facility owner
HiI have been contacted by an assisted living company that is interested in renting my home to use as a small 4 client assisted living home. They currently have another assisted home in a different part of town that t...