Paul Georgia
Cash purchase of home in North Carolina
I have recently been approached by a homeowner that has offered to sell me her vacant house. She is quite elderly and so I'm trying to do as much of the leg work I can for her.We have verbally agreed to a price and I...
Trey Leigh
Buy and Hold Investor becoming real estate agent
I was looking at possibly getting my real estate lisence. I have a full time job so it would have to be part time gig. I was wondering, as a buy and hold investor, would it be a positive or a negative to my real...
Austin Jay Toniolo
Lead paint and lease renewal
Hello BP gotta day love you guys as always and hope y’all staying safe. About to purchase a 6 unit rental portfolio in DELAWARE. Older 1940s multis with interior and exterior lead paint. Looking at the current leases ...
Umer S.
Loan process for newly build single family property.
Hello BP, I am in the process of getting a commitment letter from a Lender to comply with contractual terms. I am shopping around for the rate for a closing to take place sometimes in Oct/Nov but to get the builder kn...
Brandon Sturgill
Do You Ask for Disclosure Form at Time of Purchase?
Does this contribute at all to a wholesale deal?...is this even required when wholesaling?
Tim Daunch
How to record a sales price of $10
I am flipping houses. I'm running into potential buyers challenging me with "I know what you paid so I'm only willing to pay "$X". In Ohio, the recorded purchase price comes from the purchase price listed on the HUD-...
Ryan Vienneau
Is agent obligated to disclose issues with "as-is" properties?
Question for New York agents:I know that an agent is required to disclose known issues with properties to a buyer for conventional sales. Does that same rule apply to "as-is" foreclosure properties? Three weeks ago ...
Abul Miah
Purchaser sueing seller for partial cost of lead abatement
I purchased a rental property in detroit back in 2020 october and in 2021 October i sold it. In 2022 of May the purchaser is saying he is gonna sue me for 4k to help him pay for some of the lead abatement cost. Me and...
Samuel Larger
Going to Court Sooner than Later
I have been in contract with my first deal (buy and hold) since 5/20/14 with a closing date by 7/12/14. The seller, who is a broker (but not the selling agency), signed the property disclosure with no issues brought f...
Chad Huffer
Attorney says residential prop sale is a commercial transaction
So, got a residential seller in Maryland who wanted to have her attorney draft a contract.... I reviewed it and made some modifications to it and emailed it back to the attorney. He responds with this:"It is my unders...