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Hey Biggerpockets,
I'll be closing on my first property in the next 30days. I haven't been able to get a copy of the current leases yet, but I have conducted inspection, and I was wondering if there is a certain pro...
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Hello Bigger Pocket friends!I bought a fix and flip property on a hard money loan and closed on it with a clean title. After completing the rehab I put it for sale on the market . The property went under contract, but...
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When using the phrase "buying for cash", what does that actually exactly mean? Does that mean that person does have the whole amount in their bank account? Or does it mean that person is using a HM lender that can com...
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Hello everyone, I just wanted to share and get some feedback from other investors who have used their personal home to get a HELOC and start buying investment properties. I got a HELOC on my home for $150k. Was able t...
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They each brough 25% of the down, 10 years ago. What should I be sure to include in the buyout agreement!?! They are also open to selling it but I want to keep it!
Here is my initial draft:
Buyout AgreementI. Pa...
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I placed an offer (through a Realtor) on a REO today. The proof of funds letter I had was from a Transactional Funding lender. The realtor was confused on how to write up the offer because I was using Transactional Fu...
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I just want to be clear as to how wholesaling works. I make an offer and the offer is accepted. Then the contract will state something about closing in 30 days or so. In that time I find an investor. Do I sell the...
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I may have gotten a bit ahead of myself but I just landed my first off market deal in Kalamazoo, Michigan. Found this one by door knocking. Wrote the owner an offer three months ago which they initially declined. Howe...
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I just wanted someone's input on this question. I have seen 2 page Real Estate Purchase Agreements, for download, via BIGGER POCKETS. Have any active Wholesalers in the 5 boroughs of New York, used a 2 page purchase a...
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New to Biggerpockets, but it looks like a great website. I need some advice. I have a property under contract to purchase in Florida (ie, equitable title). I have a buyer that is interesting in purchasing the home....