Joe Pifer
Do I need Title Insurance
Hello all! I have a brief question.
When purchasing a home with cash, is it still recommended to get title insurance?
Also, what all costs are involved besides closing costs?
Thank you!
Roger Pokorny
Negotiating a Purchase Agreement Without a Realtor
I am finishing the renovations on my first flip and have a potential buyer who has verbally made an offer on the house. Since I have not listed the house with a realtor, what is the best way to handle the contract ne...
Mike Richards
Delayed Financing Exemption - appraised value or cost?
Say I buy a home on 50+ acres using money from IRA 60 day rule, personal bank loan and maybe a loan from a friend. This would either be a rental or 2nd home. If I separate the house from most of the acreage, and cas...
Devin Haertling
Question about real estate contracts
I am going through the usual agent I use to buy my rentals and it is a listing they have. There are two agents. One is dealing with me and the other is dealing with the seller.We have a signed contract in place to p...
Jonatan Nir
Due diligence for first time multi family buyer
Hello BP members!
So far I purchased single family homes and I want to buy my first multi family property.
I am looking to buy 20-30 units.
I would like to know what are the due diligence checks I need to for mult...
Katie Camargo
Transferred contract to LLC, wondering why we still have to sign with our names
My husband and I put in an offer on a house under our personal names with "or assigns" as part of the contract. As soon as the offer was accepted, we set up an LLC and transferred the contract over to the LLC, of whic...
Brian Dalton
Buyers lender wants our HUD
My wife and I are under contract on a flip we purchased last summer. The buyer's lender, Wells, wants the HUD from when we purchased the property. Our lawyer has been pushing back as there doesn't appear to be any leg...
Sandeep Dhall
Oklahoma bans non-citizens to buy real estate in Oklahoma-- is it true (unbelievable)
https://oksenate.gov/press-releases/bill-signed-crack-down-i...I started investigating to invest in Tulsa and other cities of this state. I am told and after reading bunch of documents, I feel this is true and being i...
John Niebuhr
Trusts
I am wanting to purchase property using a "Trust" document. What's the best approach, hire a lawyer to do the trust, find a sample trust document with all the necessary pages and create one from that, or what? Any a...
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
Hi! I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago. Are there any options for me to get a fixed rate loan on each SFH so I can pay back my HELOC. The interest rate on the HELOC is...