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...
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 ...
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...
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...
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...
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 ...
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...
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. ...
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:```````````````````````````````...
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...