Gary Parilis
Guidance needed for forming partnership (or JV)
I'm looking for some guidance on partnership or JV. I've been communicating a lot with a potential partner, and we're very compatible (dispositionally and in our objectives), and we've built up a good deal of mutual t...
Rob Lehmann
Received Discrimination Complaint! Now what?!
I own a 3-family property in Massachusetts and use a property manager to handle nearly everything since I am currently out of the country. I've used this particular manager for 2+ years now and haven't received any co...
Jason Appel
Landlord offering to sell me the apartment
Hi all,My landlord gave me a call this morning to potentially offer to sell me the current apartment I am living in. I do not own any real estate and this would be my first time owning RE. While I’m saving up for my f...
Rami Khaldi
My First Fix & Flip- Lessons Learned
Hey guys, I wanted to take a moment and share my very candid experience on the first ever REI project (Listed today) I've had as an investor. Im 28 years old and my interest started about a year ago where I seriously...
Tim Youse
Are these closing costs high? Need opinions - Baltimore, MD
I'm looking to purchase my first deal in Baltimore, MD and have found a decent deal on a 3 bedroom for 79k that needs little work. The property should cashflow about $340/mo using property management and about $460/mo...
Jay Hinrichs
Here is a PRIME example of those trolling internet and BP
For the education of the BP audience I responded to one of these two good to be true lenders that is trolling BP Facebook and many other sites. here is the reponse I got."Thank you for your interest. I assist real e...
Jose Torres
Financing Contingency - Agreement of sale
I have a property under contract, I am the seller and for the record I do want out of this contract. I received a conditional loan approval (CLA) from the buyers on 4/4 that still had several conditions that were not ...
Kest Cousins
Non-recourse loan question
My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...
Bob E.
Getting a DIL need Tenant Out
Hi BP'rs have a question here that may be a little different.We have a note on a house in Lansing Michigan. The owner, a very nice lady, has decided she cannot afford to stay and has offered us a Deed in Lieu (DIL). ...
Mak K.
Title company screwed up taxes and county back charging taxes for 4-5 years
Location: TEXAS
We closed a property where there was a deceased person few years back. Title company paid the taxes showing tax payment certificate cleared. But county came back removing the exemption (65y+ homestead...