Malcolm Brown
Negotiations with seller.
First off, I would like to say that i have successfully launched my first marketing campaign, and I am feeling very excited.~first call from a seller~A day ago, I received call from a seller I sent a letter to. He sai...
Charles May
Self-Directed IRA To Purchase Rental Homes
Hello,
Sort of new to BP. I am looking to purchase a rental home in my area, current listing is for $49K. My question is this. I have around $20K in my current 401(k) at work that I would like to roll into a SD IRA. ...
Sam Ragan
New member, questions, lenders, foreclosures
Hi everyone,I came across BP while searching for properties, and this looks like a great place for investors. I bought my first two rentals almost five years ago and am grateful to have wonderful tenants, thanks to th...
Javier Osuna
Quit claim deeds, title insurance and the ‘due on sale’ clause…
Hello gang,I would like hear what experienced investors (particularly experienced wholesalers) have to say about quit claim deeds. It is my understanding that quit claim deeds provide a means of offering a motivated s...
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
My wife and I live in Chicago and vacation in San Diego every year. We get a condo rental in Oceanside typically, and stay for 2 weeks. I'm considering purchasing a condo or a small SFH in the Oceanside/Carlsbad area...
Samantha M.
A Word of Warning Wholesalers: If your Buyer backs out, YOU are in DEFAULT
I was talking with a friend of mine who is a real estate attorney today and we had a discussion that I think many current wholesalers(and noobies) are not aware of.
Typically when you wholesale you schedule the closi...
Matyas Sustik
Landlord cannot deliver possession
[We have been landlords for 8+ years in TX, and for the last 5 we were also renters in CA. Where we live, it is more economical to rent than to own. So we know both sides of the transaction.]We are about to sign a new...
Charlene McNamara
Help-write offs leave high DTI ratio!
Wondering if anyone has words of wisdom for me regarding lowering my DTI ratio for the sake of future financing. I've always worked under the following givens:-I try to leverage as much/best as possible, therefore hav...
Chris Barnett
I found the deal, now I need to find the money
Hey guys,My brother and I am just starting out in real estate investing. We have been looking for properties to begin our joint endeavor. He has done two previous flips and is a full time real estate agent, this is my...
Tammy Wheatley
Out of State investing
Hello All!
First off, in my home state (Illinois) I have a duplex where I house hack the other side. This is my first investment property that I purchased Feb 2022.
I would like to retire to Tennessee in about 10 ye...