Ashley Simmons
Understanding a deal
Hello BP Fam,
I want to start out investing by doing wholesales. I have read the wholesaling forum and read the posts about what formulas to use to see if you have a deal to assign. I partially understand the numbers...
Rhonda Norman
Starting to understand
While I think I understand how Wholesaling works, I understand the process from what I've read. There are always a lot of moving parts in a real estate transaction; I will understand better once I actually complete a...
Everett Marshall
understand lease options
Ok so I'm brand new and I'm studying all the free stuff online about lease options, but one question still isn't answered for me. In wholesaling is clear you lock the property up under 30 to 45 day contract to find a ...
Jeanette P.
Understanding the terms...
with these type of terms how does one protect earnest money also beware concerns?Basic Terms Close Date :On or Before 8/22
*Cash or Hard money Only*$5,000 Non-Refundable Deposit No option period will be granted Buyer...
Benjamin Walter McPhail
Understanding Mortgage Fraud
My wife and I bought our first owner occupied home in January 2019. We were intending to live in it and rent it out using Airbnb in the summer since we live in Alaska and the population here skyrockets. She got offe...
Brett Baginski
Understanding a Refinance
I am going to look at a duplex this week for my first potential investment property and want to make sure I understand everything correctly. I used the BP rental property calculator and at the current asking price of ...
Justin Woodworth
Understanding Partnerships! Help
Dear BP'ersSo recently I have been guided by some folks on here into doing BRRRR partnerships in order to create more and be invested in more deals. My question is what are the steps to creating a successful partnersh...
Jason Chambers
Need help understanding
Okay so this is what my seller said
If sale price is $350,000. I will do 25% of purchase as second mortgage on 20 yr. Amort @ 7% with balloon in 3 years. If he wants me to do 20% or less, I will do that the same w...
Account Closed
Understanding BRRRR (Refinance)
Hi, I’m just trying to understand the BRRRR when refinancing your house, which type of refinancing would I choose for this strategy?Would it be the cash-our-refinance?
Sheena Lee
Understanding tax sales
I’m starting to research what is involved in tax sales. One town I checked into stated the following: “If the delinquent property goes into the sale, a lien is placed against the property. If an outside buyer picks up...