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Results (504)
John Smith How to protect my interest in a deal
14 September 2011 | 7 replies

Hi Guys, could you please advise me on the following deal.

I had arranged a short sale on a 4plex from $500 000 to $192 000. The market value is around $250 000. I am using a friend of mines credit for FHA loan. We a...

Arnold Finkelstein Probate Judge Asking for "Deed Tax"
15 December 2020 | 6 replies

In seeking to record a Perry County tax certificate, the Probate Judge there has told me I must pay a "deed tax" in addition to property taxes. I have never heard of a "deed tax," nor has any other county in which I ...

Joshua Dorkin Investing in early phases of new construction projects.
21 May 2006 | 7 replies

I just talked to a good friend who bought a home in the second phase of a 5 phase construction project. The builder is now working on phase 4 construction, and just put phase 5 for sale. The properties are going for...

Michael Klinger Long term metric/benchmark for buy and holds?
2 February 2019 | 0 replies

What are some favorite metrics/benchmarks in the long run -- long term buy and holds with fixed loans and no mid range thoughts of selling , re-financing etc.?For example... I have my 64 multi-fam units in Cincinnati...

Rich Hupper closing with a cloud on the title
27 July 2019 | 33 replies

I often see many wholesale websites and investors in general say they will make an owner an offer within 48 hours of seeing the property and can close in 7 days. I know people out there are very good at estimating reh...

Susan Kelley Seller Financing Reneged One Hour Before Closing
3 February 2024 | 18 replies

Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...

Greg Lovern Need advice on preforeclosure deal
1 February 2019 | 2 replies

A homeowner whose foreclosure auction date is this Feb 8th has agreed to sell to me Sub2. I am able to pay the reinstatement amount plus the monthly loan payments. The lender has agreed to accept the reinstatement amo...

Charles Hill Help with this Lease Option
28 July 2012 | 7 replies

Hey fellow BP members,

Here is the information (hopefully not too much) on a deal we're working. This is our FIRST. We Welcome your input!

3/2 with garage, 1,300 sq.ft., nice neighborhood and home well maintained. ...

Brian Gibbons Using a CYA Sellers' Acknowledgement
8 June 2014 | 3 replies

I use this Seller's Acknowledgement to CYA (Cover my Assets).Anyone can sue anyone anytime.A disclosure is really important in case there is a lawsuit.I use this disclosure on all deals:```````````````````````````````...

Lucas Anderson $100k in savings, out of state new investor looking for a market to build on - Omaha?
16 June 2023 | 13 replies

Hi there, I'm a new investor that has been a long time BP content digestor and ready to finally dive into my real estate passions part time. I'm looking at Omaha as a potential place to get things started as I've seen...