Working on an opportunity to acquire a property with an existing FHA loan. Seller was saying that escrow is supposed to end up being 6 months before we can acquire the loan. Supposedly that's what their lender told th...
I hired a chartered accountant three weeks ago to help me with my taxes due to a 1031 exchange. The taxes were supposed to be done three weeks ago. I had to point out to him that the settlement statements would be nee...
Kansas City's real estate market has been experiencing a shift in Q1 of 2023. The inventory has increased, prices have softened, and mortgage rates have been swinging, all of which has impacted the market in various w...
My partner and I are both licensed agents in Washington. We want to form an LLC and purchase a short sale to flip it. My question is, will the bank still pay us the buyer’s side commission?Will the banks sell the prop...
Just playing curious. Why assignments contracts? I know it protects the wholesaler. But why not do two joint ventures contacts with both the seller and the buyer. And get paid on the back end by the buyer. That way,...
Dear BP friends,With my limited budget and I would like to buy rental property in better location in Orlando, is it worth investing in condo in winter park? The HOA fee is quite high, but then the property price is lo...
I am getting ready to rent out a house that has all baseboard heating. I am concerned that the tenants could put furniture too close to it and cause a fire. They have young kids too, so I'm worried they could stick...
Many research online to sites like Zillow (nothing against Zillow) to find fair market value when selling their homes or to find ARV when wholesaling property. How accurate do you believe the estimates, or zestimates...
Does anyone specialize in fire damaged properties? My friends house has been damaged and hes getting an insurance check and has offered for me to place the first bid. I dont want to take on this project myself even be...
Good evening BP! Where do you for see the market going in 2023 and will it change how you go about investing this year?