So I was reading one of the Getting Started articles here on BP and it led me to the Home Path website for foreclosed properties previously owned by Fannie Mae. I saw what might be an excellent deal for my first renta...

Looking to purchase properties in Ohio, I'm currently working with an agent but she requested that I pay additional commission to her. Is that normal for real estate agents to charge an additional commission over the ...

I have a potential tenant asking me about a rental property to allow pets.  I told them I do not allow pets.  They really want to rent the property because of school district. Not very many rental properties in school...

I am a licensed realtor in Florida looking to start wholesaling. Instead of wholesaling, I am thinking of a "double-dip" listing strategy that has less risk than wholesaling. Let me know if the below makes sense. I am...

Hi BP,I am interested in a duplex property in Carmichael, CA. The seller refused to take any offers that have "subject to inspection" clause in it.I take this as a big red flag that he is hiding something.Fast forward...

I took r2d246's letter of intest post and used it to create my own letter of intent. pretty simple, just to make an offer on a property. does that work and will it CYA in case you cant find a buyer?

LETTER OF INTENT ...

Hi friends,I want to start put together a term sheet that can send to potential limited partners (LP/investors). I was hoping to find a typical set of legal documents including a term sheet, a partnership agreement, t...

I have a deal with a hard money lender. First time working with him. The terms are not important. The deal is funded. I am the buyer. Both he and I are ready to close. Title has been slowing down the transaction due t...

Hi. I'm renting a property that I'm currently in mid-negotiation to purchase from the owner. I've had about 6 inspections from various professionals done; the only one I'm waiting on still is the Independent Appraiser...

Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...