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Forum,I often see the phrase "buyer must verify permits". What is the significance of this? If a change was done and it wasn't permitted, does the buyer have to get it permitted? Or is it just a disclosure when you t...
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Hello BP FriendsIm curious is hard money lending strickly for rehabs and flips? I know hard money is short term financing but what if the property is bought at a discount and needs no work? Can I get a hard money loan...
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I'm working with a very motivated seller who got embezzled and now has gotten behind on his luxury home payment so now he is in a state of preforeclosure to the point where he has no choice but to sell.
This home ha...
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I am looking at the "Subject to Deals" I have educated myself and aware of different risks specially the "due on sale clause". My question is that once the house is deeded over to you, you can do a lease to buy opt...
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I have a prop mgr/agent who assists me in purchasing properties. She sort of frowns on the unapproved short sale listings, no doubt since they take a lot of work with highly uncertain outcome. I sent her a note today ...
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When you're buying a house using an agent, and the purchase contract has an inspection contingency period, and some fairly sizable issues arise during the inspection, does your agent: a) try to convince you these item...
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Can anyone tell me who the top wholesaling companies are in Memphis, TN? I am currently working on property deals in Memphis, TN, but do not have very many buyers on my list yet. To reach a broader group of buyers, I ...
Any advise helps
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Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...
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This is the deal. Purchase price 94,000.00 on a lease Option. 40,000.00 Option Fee. Monthly Lease 1,150 monthly amount 150.00 goes towards principal.Real Estate located in Ohio. Would I do 2 contracts .Lease /Option ...