Dennis Wasilewski
Quadplex BRRRR in York, March 2019
Investment Info:
Small multi-family (2-4 units) buy & hold investment in York.
Purchase price: $85,000
Cash invested: $15,000
Partial BRRRR:
Purchased for $85,000 and spent $15,000 on repairs/re...
Jiju James
Texas Association of Realtors Commercial Contract Amendment form
Hello, my lender is asking for us to get a "Texas Association of Realtors Commercial Contract Amendment" form because we have had to move forward the closing date because of some delays on their part (we thought it w...
Mindy Jensen
What is the silliest reason your offer wasn't accepted?
Negotiating a half million dollar home, where the backyard was described in detail in the listing as a selling point.Listing agent comes back after we submit our offer with "oh, the sellers reserve their right to harv...
Jenny Tang
Our first rental property & our first FHA 203k full loan
Thanks to the wisdom of @Joshua Dorkin and the legend @Brandon Turner, and of course our agent @Justin Taber, my husband and I are in contract on our first triplex rental property in Columbus, OH! Couldn't have done ...
Amaju E.
First Property - Offer countered
Hello ,
I submitted my first couple offers last week and one received a counter offer for a duplex in Atlanta. The property was initially listed a month ago for 10k less and the price increased a month later to 125k...
Lara Ghelerter
1st time homebuyer and REO's
We had just been bidding on a REO and we had supposedly come to an agreement. We had signed an original purchase agreement, but the bank hadn't signed off yet. Then we received a 5 page addendum that nullified most ...
Deanna S.
What is the reserve requirement for a nonrecourse loan?
Hello BP experts. We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing. Does anyone know what the IRS requirements or guidelines are for required reserves when...
Alex M.
What would you offer
Market is very very high in my area right now with people fleeing the city. I have a house i am in a deal with atm. After it is fixed up it will be worth around 330k. It will cost me and my team 55k-60k to fix it up. ...
Arturo Borges
30% Margins flipping houses?
Is there any city in FL where you can actually follow the 70 rule? There are currently no properties in today's market that can meet that. There are no margins for people that can only get high-rate financing plus oth...
Shaydon Childers
House Flipping Agent Questions!
My wife (licensed agent) and I are (new) investors with 1 rental property. We are considering partnering with a long time friend on a flip. I am curious on how we could best structure her commission into the deal to s...