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Happy Friday my fellow BP'ers. I'm hoping someone can answer this question for me and help guide me in the right direction. Let's say I get a Pre-foreclosure under a lease option contract. I want to retai it for Ma...
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If a property is purchased using a Self-Directed IRA, and is retained as rental property, can that property be financed out of the IRA into the company/owner's name with payback of the funds drawn on the IRA? What ru...
Is it possible to take a 1031 from a property I have for sale and use it to build an investment property on a lot I currently own? This will be my first 1031 one and don't know if this is possible or not. Thank You
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Hello BP family,I'm pursuing a deal and have never used a partner before. He is bringing the cash and I found the deal. We will split 50/50 on cashflow and proceeds when we sell. This is a seller financing deal. W...
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Hello everyone,
So I am a realtor and came across a property on MLS for sale. Listing agent is wholesaling the property, marketed the property as them being the owners, found out this is an assignment of contract, t...
Is it ok to sign this confidentiality agreement with multifamily brokerage firm?It is agreed that, the undersigned is acting as a principal and either: A) had no dealings, negotiations, or consultations involving the ...
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I often discuss the importance of location when looking for real estate investments. For me, the ideal location refers to proximity to the city center and other areas ripe for gentrification. Often, investors shy away...
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I hope I am posting in the correct location...
Is there anyone out there who could direct me to a few samples of Letter of Intents to purchase real estate notes.
This is something completely new to me, however ther...
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Hello BP,
I am no longer managing this building as I passed it off to a PM. However, I became aware of a situation the other day and I'd like to get your take on it. The situation is that two friends rented the unit,...
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Hi All2 Questions #1I am meeting with a potential seller tomorrow to talk about buying her 4 units building. I am going to ask if she is open to financing me with a 5-10% down paymentsShe is going to ask me what that...