Investment Info:Single-family residence fix & flip investment.
Purchase price: $260,000 Cash invested: $180,000 Sale price: $515,000
This was our first flip and a very long endeavor as my husband has...
Hey everybody! I'm having a hard time finding really good info on this while searching the forums. The deal I am buying is a commercial property. It is a large steel shop with two offices, meaning two businesses could...
Hello everyone - We put in an offer on a duplex - it got accepted. We were very excited to move in - on the last day of our due diligence we performed a meth test and it came back positive. The seller is going to inde...
Long Story short, they keep on changing the closing costs to the point that we were about $1,000 short. Now we decided not to close and they agreed to return the EMD. On the release form though, the EMD we only are ge...
So here's a hypothetical situation: If I'm renewing someone's lease in a unit that I may consider occupying myself depending on changing life circumstances that may or may not occur how could I word that type of claus...
We are closing on our first house in 3 days. Obviously this is a stressful time for us only made more stressful by the seller wanting a very fast closing (divorce) and us trying to make everything happen in as close ...
Hey BP, I'm trying to figure out what to do.Over a year ago another rehabber contacted me about a deal that they had under contract and were considering selling, and told me that if I found them a buyer, they would pa...
Hi all, prospecting to buy a rental property. I obtained an inspection. There is a lot on there (not necessarily all bad) but being that the report is very dense, I am having trouble sifting through / understanding ...
Hi BP Team,I am in the process of making an offer on a home, but the seller wants to rent it back for six months which doesn't make sense to me. Please note that l like the property and the rent the seller wants to pa...
I have a duplex that sits on a big lot and I spoke with the county today and they said that I can build a property with a maximum of 11 units. This is an area that I dont have any knowledge in. They told me my first...