Robert E lunt
1st fix and flip with private lender, wholesaler, and GC involved
Investment Info:
Single-family residence fix & flip investment in North Port.
Purchase price: $40,000
Cash invested: $5,000
Sale price: $138,000
1st fix and flip. Used a private hard money le...
Kevin Trumbull
Should I get a lawyer involved? Seller (bank) wants to cancel
I'll try to be brief, and I'm not looking for legal advice, more of a 'what would you do in this situation' thing.I put an offer on a new primary residence in Oregon in November (I live in California currently), which...
Drew Dotson
What are the risks involved with the "buy/fix/sell" strategy?
All investments carry a certain amount of risk. Some of the most common risks involved in a “buy/fix/sell” strategy are fluctuations in supply/demand of housing in the neighborhood, incorrect estimation of repair cost...
Jacob Wyatt
Should I get involved with a MF in a SF zone?
Hey BP!I stumbled across a triplex in the Tacoma/Lakewood WA area with an asking price of 375k. The owner claims that rents for his units are 1200, 1200, and 1400 (a duplex 3/1 and a small 2/1 SFH). I noticed that clo...
Alicia Arizpe
At what point in the process do title companies get involved?
When starting wholesaling I’ve noticed videos aren’t really clear about when exactly to get a title company involved. Should I have one before I even talk to a homeowner? Should it be before or after a contract is sig...
Rich Weese
thinking of getting involved in buying at courthouse again. Need reply.
I've bought quite a few foreclosure sales in TX and understand that state well. Here is what I saw most recently.
The trustee will give his spiel and then say "my bid is $1.00". If anyone bids more he will then sa...
Joe Smith
question about dealing with a potential 1031 involving LLC vs. personal...
OK - I have 2 duplexes I plan to sell, and do a 1031 exchange to buy a larger multifamily, something in the 6 - 20 unit range, depending what i can find in a price I can afford.
My wife and I want to form an LLC as e...
Rashida Kharkhariwala
I bought the Cert, But there is another tax buyer involved now!
I have a tax cert that I bought in Scav Sale, I bought and paid all the taxes until 201x, I also paid the taxes for 20(1x+2), but while i was paying the sub-tax for 20(1x+2) installs, I was told that 20(1x+1) has been...
Alex Wilson
How to structure a deal with money partners if banks are involved
I don't have a lot of income or assets so it wouldn't be easy for me to quality for a loan.I do, however, have some high-net-worth friends that are happy to invest with me if I can find and execute the deals (primaril...
Kirk R.
Way to finance a deal with Realtors involved? not using conventional financing.
House A - I offered and seller countered. I thought we were too far apart in price so I stopped negotiating. Plus I wasn't that excited to owner occupy the house. I did think it would be a decent rental that I woul...