I had a guy tell me the other day that Contract for Deed was the way to go with properties over renting. Keep in mind I am from a small town where property values average around $50,000 or so. He said you can get a $1...
Hey! So this is obviously my first post, I actually have been following Biggerpockets for quite a while. Also, I have a few deals under my belt. My reason for posting is this: I'm mainly a wedding photographer, but I ...
Hey All,
Can a Non-Profit organization get a mortgage without a guarantor.? Property/Facility is owned outright by organization. As per bylaws no member can hold financial indebtedness to organization or be guaran...
What’s the best process in determining if a cash buyer is real. We have a few properties in contract (California and Minnesota) and we are getting a lot of calls-texts asking for the property address. We find most of ...
Need to find out how much a judgement is on a property I bought. The old owners have an American Express judgement and it is now a junior lien on this house.
Hi BP Family,I'm looking for advice from the accounting community. Here is the scenario:My son and I are 50/50 owners in an LLC.We own 5 residential properties with a total of 9 doorsWe account for all of the income ...
to those of you who buy and hold, do you base your purchases on the market cap rate or just your personal standards.
I mean, if you are getting a property that beats the market but is only giving you a 8.5 cap does ...
Do I need a NDA?The seller wants proof of funds prior to signing a 30 day contract. If I'm doing a 30 day contract, that gives me time to find lender or do I need loan approval upfront.Thanks
I would love to hear your opinion about investing in large Multifamily in OKC.
Hi, I have a seller who wants me to remove the financing contingency from the contract. I still have an inspection and "approval of partners" contingency. Will that suffice for CYA?Thanks!