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Results (532)
Syman Scarpellino Investing Deposits? Risk/Reward?
19 November 2021 | 6 replies

Hey BP Community, My rental portfolio is steadily growing (still pretty smalltime), I am up to about $20,000 in tenant deposits. Thus far the money just sits in an account, as its not my "free and clear" money.What do...

David L. Looking for Real Estate Professional in/near St. Leon-Rot Germany
17 October 2020 | 5 replies

Hello, I am trying to close a deal on a property that is located in the USA, but the Seller is a German citizen, living in St. Leon-Rot Germany.  Ideally, I think that the local German equivalent of a title company mi...

Josh Randall Seller contribution towards down payment?
15 August 2013 | 21 replies

Is it possible to structure a deal where the seller contributes toward the down payment? For example, rental property purchase price is $30,000. Lender requires 20% down. Assuming the property appraises for $30,000...

Colleen F. Do you ever rescind a offer to a tenant of a rental and why?
17 April 2017 | 23 replies

 Ok so  I offered a property to a group of 3 younger female tenants whose landlord references were very good.   I was upfront about everything in terms of pre-paid rents security deposit etc.   I send them the deposit...

Danae Meurer Accounting for seller concessions
27 December 2014 | 1 reply

How does one account for seller concessions from the HUD-1?  Is that amount subtracted from the basis, or is that money allocated proportionally to each item in the closing costs it covered?Also, if there is a Lender ...

Jeff Cross Seller Gives "Best & Final" Offer
4 June 2016 | 5 replies

Looking for some some input on my negotiation status. After my initial offer, the seller countered. I countered his counter, then he responded with a "best and final". How appropriate is it for me to respond with MY b...

Simon Li buying lease hold in Vancouver BC
9 November 2020 | 2 replies

It's impossible to get cashflow in Vancouver, but I found that there might be some old leasehold condos in DT Vancouver with cashflow. 
Is there any pros and cons for buying a pre-paid leasehold? 
What happens when ...

Marco G. Low Cost Texas Cashout Refi?
3 December 2019 | 3 replies

Anyone have success finding low cost cash out refi’s in Texas? My usual go-to institutions are quoting me around $6k to $7k in costs, which I don’t want to do in order to get $50k equity out...Any suggestions or leads...

Account Closed Do Not Give Any Upfront Fees!
31 October 2023 | 13 replies

There are a number of scammers posing as lenders or "capital providers". They ask for upfront fees like retention, due diligence fees and even prepaid interest. If you deal with anyone that ask for upfront fees, RUN! ...

Matyas Sustik Landlord cannot deliver possession
24 May 2019 | 7 replies

[We have been landlords for 8+ years in TX, and for the last 5 we were also renters in CA. Where we live, it is more economical to rent than to own. So we know both sides of the transaction.]We are about to sign a new...