Stephen Seaberry
Use of the VA Loan twice within 1 Year (Non-Active Duty)
HI BP,Ok, so heres the scenario:My wife and I both have VA COEs, as we both served and are now out of the military. We bought our first house in September 2014. At the time we bought the house, we used my wife's COE a...
Nataki Burke
Purchasing a property obtained through a tax sale deal or no deal
im a newbie investor in Atlanta Ga. I have my first possible deal on the table for a property that was purchased at a tax sale. The seller contacted me and told me that they bought the property last year and just comp...
Joseph Sanchez
Bank Foreclosures and Contract Transfers
Hello Everyone. I have been reading alot lately about this subject and I am abit confused maybe someone can give me some advice. If i am the successful high bidder on a bank foreclosure auction, and I provide the init...
Hannah Williams
Have you ever dealt with a faulty realtor? What did you do?
I do not live in the city where I invest, so I sometimes have to rely on my realtor to view the home and take pictures for me. I found a great multi-family opportunity, and asked my realtor to see the property as soon...
Andrea Sealey
Calculating Rehab Costs, Taxes & Insurance Using 4 square method
Firstly: Can one typically get traditional bank loans that include the expected costs to fix the property? What financing routes are best if the investor doesn't have the rehab cash on hand? If one is able to obtain a...
Ananth Nari
Delay in showing property to new renters after lease breakage
We bought a new home and had to break the current lease for the condo we are renting (State: Texas). The lease runs till Aug 2018. We broke the lease with the required 45 days notice. Per the lease agreement, we are r...
Ashley Johnson
What ROI do Buyers Want on Buy and Hold Rentals
Hi BP family,
I'm getting properties both on and off market, and many of them rentals. I know how to calculate for flips, but what ROI do buyers look for on buy and holds rentals? What cap rate, C.O.C., etc? When ca...
Ian Ray
Seller finance and then flip?
A partner and I are currently evaluating a property that we think is a great opportunity (at the right price of course) for us to fix and flip. Originally, we were thinking come in with cash to purchase, rehab, and th...
Wade Penner
Tenant Didn't Give 30 Day Notice - Is Lease End Date Still Valid?
I have a 3BD with great tenants that have lived there for the last three years. They wanted to stay past the original lease-end date of 6/30/24 through end of summer, so I told them they could go month-to-month throu...
Doug Price
Order of Typical Wholesale Transaction
To this point I have followed this typical pattern of getting my deals closed once I have a seller:1. Make a verbal offer.2. Evaluate the home.3. Write the contract.4. Renegotiate the price if needed based on potentia...