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Hello everyone, I really could use some advice on closings in general and specifically here in NY/NJ. I live in NJ but own a house I am selling in NY. We have been in closing since mid November and we are going into o...
Hello all, long time reader and first time post here. I appreciate all of everyone's contributions here as it gave me the confidence to step up to the plate and recently closed on my first long-term rental.
I live ...
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Hello BP community,
I recently closed on a duplex, and I am seeking the opinion of the BP community regarding my situation. The duplex I purchased has three tenants, one of whom is using it for storage.
While I have...
Below are photos of our latest speculative development deal. This was a parcel I purchased for 250k in Charlotte, North Carolina. I was able to subdivide into 2 separate lots (one of which further approved to have a...
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Are there any benefits of Recourse Loans? Or are non-Recourse loans always a better decision? Specifically for large apartment building purchases.
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Hello does anyone here know if I can relist and sale my home if my previous buyer did not perform? They signed off on all contingencies. They are not releasing the EMD or signing the cancellation. My ex realtor says C...
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I recently spoke with a property manager/realtor in Las Vegas. She's been sending me listings of multis in Las Vegas. Most of them are super old and I haven't really seen any decent looking ones. I'm afraid to purchas...
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hello to all of my friends here. i have an interesting issue i would like some feedback on. i have a flip house that i recently sold ( well, kind of recently). i signed the purchase agreement with the buyer on novem...
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I don't know, I feel pretty bad now.....So I have a loan that matures soon and due to its commercial nature (TIC), I can't seem to find a new lender...So the current lender offered to merge this loan onto another prop...
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Hey everyone, couple questions I have starting out looking to buy my 1st few flips/Brrrrs. I have a little over 100k in equity id like to pull to invest from my primary residence, make roughly 60-70k self emp...