Our tenants of 7 years are moving out next. They have asked to break the lease with 11 months remaining. When I went over to prepare for a showing I noticed there was water damage on the ceiling and a bunch of tiles a...

Hi BPers! To keep a long story short I'll get to the point. I'm under contract on a 9-unit building in Chicago. Found it off-market and it's an estate sale. It's a corner building next door to a 7-unit building I acqu...

Hey everyone!I've been driving for dollars as of late, and I finally found a home that looks to be abandoned (overgrown landscape, mailbox completely full, broken windows, and the whole nine). After doing a bit of res...

In the verge of purchasing my first property. Just got my offer accepted and got an inspection on the home. Found out there were a lot of safety hazards that the sellers responsible for. Also found out that there were...

The duplex is in Upstate, NY - so we get pretty harsh Winters. The property is a 2500sqft up & down duplex that we are planning to keep as a BRRRR investment. The area is a C / C- so we are avoiding dumping luxuri...

Hi guys,

Need some quidance on how to do a HUD-1 net sheet for a Short Sale. Bank is waiting on paper work. I have everything else needed for the short sale package except the HUD-1 which is the bottom line for the ...

Investment Info:

Single-family residence fix & flip investment in Milwaukie.

Purchase price: $143,000

Cash invested: $85,000

Sale price: $340,000

My first home, and ultimately a home run. I b...

In regards to hard money lenders, do they prefer to fund the entire deal and take their % or can it be broken up? Meaning I put the down payment down and they fund the fix up costs for a fix and flip? For example fo...

I am in the process of turning my primary home(built in 1955) into a rental. The house has some updates but the bathrooms unfortunately are not. With that being said, another house in my neighborhood was being remod...

So I recently purchased a property with the intention to rent it out (while I get over the short term capital gains period).....A quick aside, is this still a 1 year time period??????....Now back to the original reaso...