Under contract for a duplex. city came and inspected the property (separate from the typical inspection I had done a few days after my offer was accepted) and they came back with a list of issues the seller must fix b...
I have signed a contract to purchase a residential property. The contract was assigned to me by a local wholesaler. Now that I am getting ready to schedule appraisals etc. my lawyer is advising me to speak directly wi...
Angel InvestorsAn “Angel” is a private lender who doesn’t know it yet .These individuals have money in low-interest bearing accounts, but prefer higher returns. Unlike hard money lenders, angels may offer attractive...
Hi BP folks,
Did anyone ever try to use HELOC or home equity loan to finance their buy and hold properties? I am thinking about pulling out equity from my primary residence, I am wondering if this is kind of too aggr...
Why do some sellers insist on cash only transactions? Even if financed they’d get their full amount at closing anyways so why the insistence on cash only?
Hey folks,I need some help. My landlord for whom we also live with keeps insisting that we need to pay rent each month on the 30th. She texts and calls me at work to see if rent will be paid by the 30th. The stress...
We are putting an offer on a NNN and seller insists on deposit without loan contingency. We have seen few deals already and never seller insisted that the deposit be without loan contingency.How common is it? We are v...
We’ve been told by our real estate agent and by a lender that we can use the 1031 exchange for our primary, however, everything I’ve ever known about the 1031 is that it is ONLY for investment or business purpose, NOT...
Hi all,
I'm still a newbie, but have looked at quite a few occupied multifamily rentals in the last 6 months. All but one time, our Realtor got access to the keys and we were able to take a look at the properties, n...