Account Closed
Learning through losses
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sacramento.
Purchase price: $525,000
Cash invested: $30,000
Sale price: $335,000
SFR with a duplex behind it all on on...
Marian Smith
Difficult to rent SFH with sex offender across street?
I just found out the lady across the street has a son who is a registered sex offender living with her. The current tenants haven't said anything but I am wondering what I will be up against when the tenants leave? ...
Tony Smith
Wholesaling as a Realtor! The DO's and Don'ts!!!!!!
Hey BP fam! This is my very first post on a forum (ever) so I apologize in advance for it's poor structure. I am a newly Licensed Realtor in Louisiana. About 2 months after I received my license I found out about wh...
Tyler Eastridge
Reporting private loan when applying for a conventional mortgage
Good evening,I currently own 1 investment property that is financed through a private loan with a promissory note. There is another property that I am interested in and I am looking to use conventional financing. My...
Matthew Duke
Meth test came back positive - should we ask for lower price?
Hello everyone - We put in an offer on a duplex - it got accepted. We were very excited to move in - on the last day of our due diligence we performed a meth test and it came back positive. The seller is going to inde...
Miguel Rosario
Disclosure on rental property
Hello Everyone,
I recently applied for a mortgage on a property I intend to rent out for the first year and move into next fall. The property currently has a tenant with a lease that is expiring soon which I will rene...
Charlie Kleindinst
How can real estate agents send direct mail the legal way?
I know there's a lot of grey areas for real estate agents when it comes to doing non-traditional real estate deals. My brokerage is very investor friendly so I have the green light to use every strategy out there. My ...
Shequann Burrwell
short sales
is it possible to wholesale short sale homes to investors or is the process to much work for it to be worth it.
Monica Litster
Deaths in a house I want to purchase
I am looking at buying a house being foreclosed. It is in a desirable neighborhood, the worst street in the neighborhood, and definately the worst house.The asking is $300k, but they are dreaming. Nice, rehabbed house...
Ryan Muska
What do we love/hate about some things that lenders/mortgage professionals do?
I'm going on my first year in the industry and I've learned a plethora of strategies as well as bad habits. I wanted to see what the investing community felt about their relationships with their lending institutions.