Hi everyone.  We just won a bid on a house, but instead of the buyer accepting our highest and best at 405,000, they countered with:  How about 390,000 but you (the buyer) cover any deficiency in cash at closing.  The...

I'm in the northwest suburbs of Chicago and this was my first rehab / flip.I'm not happy that I'm losing money on this one, but I learned SO much from it.  I will probably lose about 12k on this one, depends on closin...

Hey BP Fam,
I work for an operator in the Midwest and wanted to provide some insight to passive investors on the kinds of questions I find the most useful. 
I am making the assumption you, the reader, have already d...

Hello Everyone, Is anyone having luck with finding multi-unit properties on the MLS in San Antonio? My partner and I looking for a duplex to BRRRR and we are starting to look into direct mail on a few duplex communiti...

A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy.  A mi...

BP,

I have a potential deal on a SFH 3B 1B house built in 1900.

Listed Price $114K

The house has recently been rehabbed by a flipper but after a strong rain storm yesterday the house has a leak wi...

i'm thinking lending to people who buy wholesale and rehab for a percentage of profits. however, i'm concerned about usury laws. does anyone know anything about usury laws in ohio?

thanks

jim

I am looking at some properties, a lot of which already have tenants in them month to month or on a year lease. Would you buy properties now with tenants in them? If yes what do you ask from the seller to provide.  if...

I went to see an REO condo today and ALL of the carpets are wet, ALL of the walls have mold on them about two feet up from the floor, and there are sewer flies EVERYWHERE! And, yes, poop. Lots and lots of poop.The con...

I was recently working with my investor to lock down a property in West Philly and his lender changed the rates since the "As-Is" appraisal came in 15k lower than purchase price of the property (the appraiser ignored ...