Mike Gel
financing small multifamily properties
I am looking at 2-4 unit multifamily properties. Plan is to use my HELOC for 20-25% downpayment with a 30 yr fixed mortgage and ultimately have the property titled in my LLC for liability purposes. Problem is I can'...
Nathan Hann
Driving for Dollars in Maine
Hi All,
I have drove around a couple days now, gathering a good amount of homes that I will be contacting the owners. With that I need a little help wrapping my head around a few things.
1. When the buyer invites y...
Lance H.
Purchase agreement instead of option
Hi BP,I was just reading about how a T/B's option consideration cannot go towards the purchase price. This got me thinking, why use an option contract at all? Why not just sign a purchase agreement with a very long ...
Michael Morrongiello
SAFELY providing Access to a FIRE DAMAGED House to Wholesale
Dealing with a Fire Damaged multi level home. Its experienced a MAJOR fire years ago and has been vacant since. A lot of the floor joists and sub flooring along with staircases in the home were charred and compromised...
Nicola Pellegrino
Investing in these uncertain times
Hi all, My name is Nick, I'm Italian and I landed to the BP forum after reading BT's book. Great to be in this community :) here's the quick story: Almost two months ago I've signed the preliminary contract for a 2-st...
Sonja Hunter
Not a monetary success, but a success nonetheless!
I closed on my first flip about a month ago. It took me this long to be able to talk about it because it was definitely one of those first experiences that everyone warned me I would have. I made a lot of mistakes, ot...
Sean Griffin
First Flip - Title Issue - What to Do?
I am close to closing on my first flip. Closing has been held up for almost a month due to a title issue. A prior mortgage discharge was signed by a company acting under POA, but the POA was never recorded. The sel...
LaShawn Payton
Beginner Steps to Purchase property
So, I'm really new to this and haven't done my first deal yet. I wanted to learn more about purchasing and rehabbing a property. Any suggestions would be great.Thank you
Venus Moshtagh
How to protect my profit in Co wholesaling
Hi everyone, I am trying to do co-wholesaling but the problem is that most wholesalers don't accept to sign a contract with me when they even haven't opened the escrow yet. They have the property under the contract an...
Tyra General
Thomas Kish
Has anyone ever heard of/used products from Thomas Kish? Also any recommendations on the best material that speaks to private lending and/or money from places other than traditional bank loans (ie self directed IRAs, ...