Murray Reginald
Finance Strategy to Purchasing Off Market LTRs
Hi BP, I plan to utilize the following strategies ( Direct Mailers, Craigslist, Eviction Records, RE Auctions & BP Market Place etc...) to find a LTRs off market. I don't want to exhaust all of my capital, I curr...
Jason Yarusi
re: taking over existing mortgage
If I was to take on an existing mortgage what steps do I need to take to transfer title and mortgage into my name. I would like to put it in my name so I can apply for an HEC.Thank you.
David Sabine
Possible first rental. Owner financing...fell into my lap
Hello BP,Had this possibly fall in my lap and I'm looking for guidance on next steps. Quick background, I’m still very new to REI. I haven’t yet purchased any property, I’m still in self education stage. Today I was t...
Steven Jones
Raising seed/working captial
Hopefully someone can lead us in the right direction here.We are looking for the best way to raise some working/seed capital so we can purchase more rental properties. We currently mortgage two, two family units whic...
Arthur E.
Leaking Sewage Line
I'm getting ready to have my first property under contract and I just introduced myself to the neighbors. They have been in their home for about 34 years and I actually dated their daughter 20 years ago (small world)...
Alexander Thornton
My understanding of the wholesale process...
Hey everyone,
I'm 18 years old, and I feel like REI is the one thing I'd be good at, since I have great people skills, as well as negotiating skills. However, I'm still "iffy" on some of the procedures regarding whol...
Sooyeon Kim
Underground oil tank
Hi,
Hope to get some help regarding my situation.
I just got an accepted offer in jersey city and my inspector copper lines for oil tank in the basement. Oil tank is supposed to be in the front yard ((it's a brown s...
Tyrone Little
Seller Questions ????
Hello guys..I just have a quick question. I am fresh out of the BP classroom on wholesaling I have a seller that I am communicating with and they asked me was Iooking at the house for a flip. I am wondering how shoul...
Kevin Roberts
1st property - Help with best way to close w/ owner finance
The purchase price is $38700 and I plan on putting a down of 35% = $35545 and having the owner carry the remainder for 12 months with equal payments and 6% interest. What is the best way to close on this property incl...
Gretchen Roberts
Capital expenses and NOI
I've read that capital expenses shouldn't be included in an NOI calculation, but is it ok to include a per-door reserve? (By OK, I mean if I include it and use the resulting figure as reasoning for making a specific o...