I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
Hi BP'ers! Let me introduce myself :)I am a 25 yo Belgian dude from the Antwerp area, now looking for my first multifamily property. I am looking for a 2-5 unit property with 8-10% gross return.I know that a lot of yo...
Alright guys....
I got a REO that the banks wants 67k. They will not go lower. It was originally listed at 79k. The home in itself probably needs about 7k of work to bring it to brand new, qui...
Hi folks. I have an interesting situation that I would like some comments, advice, and input on. So I’m currently managing properties for my grandparents and am trying to get started with my own properties. I currentl...
I was driving through my parent's neighborhood in Richmond, VA and I noticed a 3 bedroom, 1 bath, 1920 sq ft property with a For Sale By Owner sign in the front yard. I stopped to take a look around and I noticed that...
It has been a while since I posted. The last 15 months have been pretty traumatic. In April of last year I found out my wife is cheating on me and she ending up running off with someone from work. Cue the stereotyp...
Still Looking to gain a mentor and build a friendship. So far I’ve had no luck I’m even willing to work for someone threw real estate and help first hand to learn the ropes. Local meetups did not help !!
I am currently helping a client purchase an Airbnb which was pitched as having 70% occupancy at $200 per weekday and $350 on weekends. They also mentioned on average it nets about $4300 per month. When I do my math it...
I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...
Hi all. I thought it was time to introduce myself. I found myself soaking up the content from this site and from the podcasts that it motivated me to want to get into real estate.My name is Pete Hassanzadeh and I live...