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Results (715)
John Clarkson Bank stopped due to Covid: How to close with seller finance?
11 April 2020 | 3 replies

We are purchasing a senior housing portfolio and we have gone through the underwriting process with our bridge to HUD 232 lender. We were at the final step of working with their legal team to prepare the closing docum...

Ezra Meyal Simple JV house-flipping structure questions
22 June 2019 | 4 replies

Hello BP - long-time reader and fan of the content here, first-time poster.I am working with long-time family friends and buying flipping properties in North Carolina.  They are experienced rehabbers, but tend to reha...

Brandon Yuan Legal budget for small apartment acquisition
1 May 2018 | 6 replies

How much is a reasonable budget for legal cost for small apartment acquisition (20 to 30 units)? Activities may include review/revise contract (any special language addendum outside of standard TAR contract), review t...

Matthew Drouin $1.5M to $3.125M in 18 Months
18 December 2024 | 11 replies

Investment Info:

Office Space commercial investment investment.

Purchase price: $1,500,000

60k sqft office building that we are redeveloping into 78 market rate apartment homes in 2026. In 2021 we bough...

Yonah Weiss Opportunity Zones paired with Bonus Depreciation?
9 July 2023 | 6 replies

Everyone has heard about the potential tax benefit of Opportunity Zones, but has anyone noticed the even greater potential when combined with bonus depreciation. Our tax counsel pointed this out to me, and I was wonde...

Karolina Powell Last minute lending nightmares
26 August 2024 | 17 replies

I have or am in the process of closing on 7 SFHs this month.  Two different banks, four different closing companies (because three of the sellers wanted to solely use their own companies). Each one has been an absolut...

Randy Charboneau Grand Rapids Michigan Wholesale Flipping and Assignments
12 April 2019 | 5 replies

Are you an investor or flipper in the Grand Rapids area?  Have you secured a foreclosure or REO flip and are ready for the dirty work of renovation but struggling with funds, or sub contractors, or a variety of issues...

Dakota Mivshek HELP! Why would a buyer put a house under contract to then only ghost?
31 May 2024 | 37 replies

Hi all. Currently in a situation that I can't make heads or tails of. Would love any advice. So, essentially I had a listing here in Miami that was quite stale and on the market for a while. This strange company calle...

Jamilu Umar closing on my first deal
15 September 2020 | 6 replies

Hello Bigger pockets members. I am closing on my first Brrrr property on Tuesday.
I have a private lender willing to fund the purchase, I will fund the rest of the fees and rehab cost.  My question is, do i need an a...

Paige Kuhbacher Voided Inherited Tenant Lease
2 December 2020 | 3 replies

So, my brother in law is closing on a house with a basement rental unit. The Tenant refused to let the appraiser in and pushed back the closing date.
Does that mean that the Tenant’s lease with the previous owner ...