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I've heard investors are using the phrase "Vesting to be determined at close of escrow" on their wholesale contracts. The investor opens escrow and sells his/her buyer slot in the contract.
I'm looking for ad...
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Hello BP world!! I would just like to officially introduce myself and post my first question! I am a Licensed Realtor in Louisiana. I service all of St. Tammany parish but I mainly concentrate in the Covington/ Mandev...
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Hey BP Nation,
I have a duplex that is adjacent to University of Massachusetts-Lowell, and when I move out of my unit, I would like to consider renting to multiple students instead of a traditional tenant. Is this wi...
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This question requires a little background.Current LLC has four equal partners, each 25% ownership. For this example, we will call this LLC Homer, LLC. Homer, LLC currently holds five properties. One has a traditio...
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I live in Southeast Michigan and my SFR is back home in Upstate NY. When I was there back in mid May, I went to inspect the house and the tenant told me that the lally column had rusted out at the bottom, so he cut...
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Investors, I am curious. If a wholesaler offered you a property that had a third-party home inspection for $50 - $100 you could order would you buy it?I am considering becoming a wholesaler but looking to create a str...
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Hey there BP!I need some advice on how construction loans "typically" work.I am working with a private lender on a construction note., now this is not a typically loan that this individual provides, but he is willing ...
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What do you look for in the ideal rental property? I'm not talking numbers , cap rates , price/ rental income here, and I understand this question is dependent on local markets. If a property is just a product that is...
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Hi, I am in negotiations to purchase a property in Sacramento, CA which has an existing lease with a Residential Care Facility. The price and the rental income are good. I have looked up the license of the business wi...
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Hello! Long story short, we were trying to wholesale a property but ended up closing on it instead. It's our first project and we want to do the BRRR method. Problem is, the extent of the renovation is HUGE. It's a 18...