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VA Foreclosure Listings: Once a property goes through foreclosure, it may be listed for sale. The VA may offer these foreclosed homes for sale through their Vendee program. Interested buyers, including the general pub...
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We put in an offer on a short sale at $46k, plus there is a $5k bankruptcy release fee that we need to pay in addition to the down payment.It's been a few months and there is a leak in one of the bedrooms coming from ...
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Hey Everyone,I just completed renovation on my first flip and went on the market a week ago. Within the first day we received 2 offers for about $20,000 below our asking price and after another 2 days we received a f...
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Hi. I'm renting a property that I'm currently in mid-negotiation to purchase from the owner. I've had about 6 inspections from various professionals done; the only one I'm waiting on still is the Independent Appraiser...
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Hey all,I will be extending an offer tonight for a multi-family home that I would be living in. It is a two family home; I will live in one unit and rent out the other. I am trying to get a full understanding of the e...
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Hi BP,I am interested in a duplex property in Carmichael, CA. The seller refused to take any offers that have "subject to inspection" clause in it.I take this as a big red flag that he is hiding something.Fast forward...
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I have a deal with a hard money lender. First time working with him. The terms are not important. The deal is funded. I am the buyer. Both he and I are ready to close. Title has been slowing down the transaction due t...
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Hi friends,I want to start put together a term sheet that can send to potential limited partners (LP/investors). I was hoping to find a typical set of legal documents including a term sheet, a partnership agreement, t...
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Investment Info:
Single-family residence fix & flip investment in Medford.
Purchase price: $363,000
Cash invested: $300,000
Sale price: $901,000
Contributors:
Daniel Riccio Jr.,
...
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Hey Everyone,I was brainstorming about shielding rental income from taxes and had a few questions. Thanks in advance for any help you can provide.Last year I bought a triplex with little money down, and took out an ow...