Does anyone know in NJ, that if a property is brought from the MLS, that it can not be resold for 90 days. I heard that is called a seasoning period, but is that still active or did it end? I am working on a wholesale...
Hi guys, I’m planning on buying a duplex for $50k in cash. The duplex is already rented out. Rental income is $1k per month. Property is in good condition.
After I buy the property I would like to refinance and pull...
Hello...quick question on Pennsylvania Sheriff's sales. I've purchased at sheriff's sales before in various counties within Pennsylvania. Typically, if the house is vacant, I wait until I get the updated deed and then...
Current: No prepayment penalties on a 2nd home mortgage through two lenders we have spoken to at length.
Scenario: If we successfully flip 2-3 months after closing- pay the loan off completely and contact the same le...
Hey BP!
I will be conducting a 1031 exchange in the next 6 weeks or so but have been told about Delaware Statutory Trust. I have done some research but would like to hear personal experiences with them. Ideally I wou...
Is it typical for a flip deal to have the deal contingent on a favorable home inspection to protect the flipper?
Found a deal that I am interested in pursuing and requires all cash. Looking for a short term hard money loan to secure the deal. Will immediately secure long term financing. Property deal 6 family $429k in Chicago ...
Hello everyone. I hope everyone who's reading this is all well. I have some concerns to share with you guys.
I am a first time BRRRR investor living in NYC.
I purchased a single family rental in South Jersey, and i...
I have lost a few offers to wholesalers in Pensacola FL because I have a due diligence period of 14 days. I am a cash buyer but i have lost deals to sight unseen offers multiple times. Even if my offer was a little mo...
Hello Everyone,We found a property that might be a good flip. We don't want to do the rehab/flip right away for a couple of different reasons. The property has a good tenant and it seems that if we buy it with a conve...