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I am currently looking at a four plex. I would like to purchase using Seller financing. The Property is paid off, from the numbers it will cash flow well. Never structured a deal using seller financing not sure how th...
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Hello BP community!I realized I need to utilize this resource more when I have situations I'm not sure how to handle as a newer investor/landlord and could use the input/advice of a group of experienced people. Here i...
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Hi BP Nation-
I’m considering adding some short term rentals to my portfolio in areas that I’d enjoy spending time in. One of the benefits of COVID, is much greater geographic flexibility for work. I love the outdo...
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I have a question about my state's contract language. I am making a cash offer and providing POFs (my bank statement) however I am not sure if I will use cash as I have another short sale under contract that I am awa...
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Thought i would start a new thread. It came up in conversation today that a typical real estate transaction for my Brokerage we are charging 6%. For those who know the bank is the payer in this transaction. In my expe...
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Okay, when working a short sale and the bank accepts, how do I go about scheduling a double closing with a title company?
Here is a make believe situation:
-Sellers sign contract and other info needed to get bank to...
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I recently purchased a 5 unit apartment bldg. I plan on keeping it indefinitely . Cost to put it into a LLC would be approx. $4k because of transfer tax & LLC fee. Liability is my main concern! Should I just incre...
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Not sure if this is the right part of the form, but it's kind of a legal question.
I have a PSA that a fellow investor generously provided. I am planning on making offers on several houses I inspected in the ...
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I have a property under contract in Grand Lake, CO that I am planning on renting as a short term rental.
I have found a local property management company that uses Escapia (VRBO's backend) to handle bookings so they ...
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Hello BP Fam!This is my post here and I hope you can help.I currently have 3 deals in the works with different partners. The deal: The partner fronts the 10% downpayment, puts the loan in their name and fronts the cas...