Kalpesh Patel
Wholesaling contract
If my offer is accepted for an REO property, how can I turn that contract to wholesaling? The strategy was to flip the house but I might as well just wholesale the contract before I close on house, which will take cou...
Amit Yadav
First time home buyer in Seattle
Hello everyone on this forum,I have been living in Seattle for 5 years (renting) and I know I missed the opportunity to invest at the right time :(. However now I plan to buy a property (basically to save on my rent a...
Brandon Sturgill
Simultaneous Closing and Fannie Mae Guidelines
Is a simultaneous close within Fannie Mae guidelines...? I am looking to close on a flip and trying to locate a title agency that will do the simultaneous close. The agency rep indicated they could do the closing if i...
Carrie Herrmann
New rental property for us with tenants who won't sign a lease
My significant other and I have a lease to own rental property. It's an older 4 plex. Long story short, the guy we bought it from had NO leases. We are trying to get the renters to sign a lease, but they aren't wor...
Brian Gibbons
My 4000th post - Creative Financing do's and dont's
Every time I make a milestone BiggerPockets I do a really long post. This is my 4000 post so I thought that I would do a do's and dont's on creative financing--------Definition of creative financing is how can the sel...
Pedro Bartolomei
Fireplaces in rentals
we just bought a house to brrr which has a nice fireplace . we are considering closing it up to keep the future tenant from burning the house down . Does closing it up lower the appraisal when we go to refi ? any inp...
Hai G.
tenant eviction on a recent purchase
Hi all,I'm closing on a Triplex in the East Bay. All three units are rented out. However, the tenants in one of the units have not paid rent for the last two months and the current owner has served an eviction notic...
Johnathan Anderson
Question about Memphis Title Companies.
This is a question for the Memphis Investors who have worked on wholesale deals and even flips through a wholesaler. Out of the Title Companies that we have in Memphis, does anyone have any recommendations or experien...
Justin Tahilramani
Need help with financing - hard money/private lender NC
Hello Everyone,Im working on putting an offer in on an REO that is cash only. The house needs about 10 - 15k in repairs. Ask price is 66k and ARV is around $115 - 120k. House is a 3/2 built in 2001 - approx 1300 sq ft...
Cody Neumann
Setting up an LLC in Wisconsin
I am in the process of refinancing my first rental property in Wisconsin and the lender I am going through requires I have an LLC because I do not have a W2 income.
My question is what has everyone found to be the be...