Hi all I have a question for a friend of mine. They are trying to buy this same house for about 6 months now. Every time there is a closing date scheduled there always seems to be an issue. The latest issue is now the...
Hi BiggerPockets,brand new to real estate, recently discovered this site. Lost my job and it's put things in a different light, such as why am I taking financial advice from people around me who are struggling to pay ...
We bought a 3 unit property at auction using private money in March. We made some repairs to the units and approached a few banks about refinancing. We were told we needed a 6 month to 1 year seasoning period, dependi...
I recently purchased a home in Birmingham, Alabama to rent out. I'm currently rehabbing the property. Exterior painting is done. So, there is a house next door that definitely looks abandoned. In fact, my realtor and ...
I won an auction on a house and the contract consist of a Quit Claim Deed. I did research at the county clerk office and the property seems to have no liens, but from what I understand, there is not only no warranty ...
Probably covered before in BP... but it's me and it's personal now ;) Ha! I've seen people say "eat the damage" and "take it outta their deposit"... wattaya think?If I don't keep part ...
Hi BP,I recently went under contract for a quad and secured a pretty fair deal from the retiring owner. Everything was going smoothly until the inspection revealed some potential structural issues. Upon further insp...
Hi all,I recently flipped a property in Decatur, Georgia. The buyer has sent a demand letter and is threatening to sue if I do not reimburse them for a new sewer line they installed about a month after the closing. Th...
So I have a friend that rents out to tennants, I believe that the property isn't up to standards and he could probably get in trouble if he was inspected. So what does a property need to be legally rentable? And does ...
Lets assume the wholesaler in this case did their due diligence, provided solid ARV comps and brought a contractor along thats investor friendly to produce estimated repair costs.
The wholesaler provided all the info...