Tae C.
Transferring from LLC to personal
Hello all,It took looking into my first real potential brrrr property in detail (under contract now, deciding between flipping or brrrr) to finally realize this dilemma, and would love your input. Basically, I am purc...
Joy Patrick
All new electrical in a house flip?
Hello everyone,
I'd appreciate your insight on a situation. We're in the process performing a full renovation on a two-story home built in 1926 located in Fort Worth, Texas, with the intention of flipping it.
The...
Kieran Dowling
Can you be your own GC for the homestyle loan
I am trying to use the home style loan for my first property and i was wondering ccan you be your own GC and do some of the wrok yourself and save money?
Burt L.
What is DSCR Lender Really Looking For On My Bank Statements?
In seeking a DSCR cash-out loan, I've learned that lenders want to see bank statements. I had thought DSCR's were only property based, but lenders I've just begun to contact are saying I need to provide bank statement...
Anjesh Dubey
Quick help: How is Riveroaks area for rental property?
I am trying to get into contract on a property which is between RiverOaks and FairOaks neighborhood.
Trying to get more info from fellow BP members if it’s a safe neighborhood and if numbers are working does it make...
Nicole Groenewald
Advice for first deal- financing etc.
Alright so I’m working on putting things in place to see if we can’t get our first Brrr deal done this year. I have a potential private money lender. We’re looking at doing a single family home, maybe a duplex. I have...
Hui Kiang
Help! Someone pretend to be the homeowner of my rental
Some potential tenants found our real posting on Zillow and let us know. I've filed a police report and IC3. He just continues posting the fake AD with a super low appealing price on Facebook. There is no real email a...
Samantha Banky
Seller violated his contract.
Hello,
I am a REALTOR in Norfolk VA. For the first time I have had a seller violate their contract. My broker is having me notify the seller that by violating the contract the seller must pay the commission. If they d...
Greg Raymer
Why Low Commissions Are Bad for Home Sellers?
Low commissions for home sellers can be problematic for several reasons:
Reduced Marketing Effort: Low commission rates can result in reduced marketing efforts from real estate agents, who may prioritize higher-payin...
Vito T.
Repairs & Modification Addendum
Has anyone had any luck requesting repairs and modifications with an inspectiion addendum when purchasing a short sale?
I drafted a list of repairs and modifications needed when making my last short sale purc...