Precious Thompson
Getting a deal without full emergency fund
I been searching the web looking at duplex’s and came across one for 50k. I don’t have my full emergency fund which is six months rent in the bank. Should I still pursuit the deal even though I’m short of the cash I w...
SAL TAG
buying desert land
I am interested in buying a piece of property in Texas. It is owned by a gentleman and his wife in CA. I am going to pay cash for the land but he has a outstanding mortgage on it.
I do not want to get a real es...
Andrew DeWeerd
How to receive funds from partner?!?
Hey everyone, I’m on my first investment deal right now, with my partner/father. He is putting forward the entire down payment, 25%, on the duplex we are going in together on. We made an LLC, but obviously can’t get f...
Ritesh Matta
Buying a forecloure in VA
Gang: My first post on the forum, so am excited taking this journey to the next level. Recently bought a foreclosure in VA which I have to close next week. I understand the foreclosure title gets cleaned up as part of...
Samuel S.
Land Contract - Viable business strategy for buyers?
Hi BP Folks,So I am currently in the process of purchasing my first rental property via Land Contract, and would be so grateful for any advice I could get!Here's the scenario:3 unit property1800 SFBuilt in 1935List pr...
Karen D. Schiano
Quit Claim Deeds signing and transferring money
New to tax liens and about to ask owner if he will quit claim for a small price rather than foreclose and get nothing. I'm reading that we both have to sign in the presence of a notary. I live in another state but g...
Wesley C Smith
Quit claim to LOC after mortgage
Hello everyone. I am buying my first duplex and plan to have an LLC to separate my personal and business financials. I was talking to my banker and he advised that I should by the property under my personal name then ...
Lorraine Massillon
What to Do After Home Inspection
What do I do now that my home inspections was completed and we found a few issues, ie. obsolete electrical panel and busted water heater. Can I renegotiate my offer, or have the owner pay for it. I didn't specify that...
Tristan Cortez
Pier & beam levelers in San Antoinio
Hey BP,Does anyone know a good and honest pear & beam leveling service in San Antonio, TX? Also about how much should a expect to pay for a 1000sft house (to be leveled), and are estimates based on square footage...
Donovan Maskell
How to house hack a primary residence?
What are the laws against house hacking a primary residence? And is it possible to House hack a SFH as a primary residence? Would i have any legal problems house hacking a single family home? Please do advise me??