Craig S.
Lease Agreement Question - New Property Purchase
Hello, I am purchasing some apartment units with existing tenants and leases in place. When I acquire a new property, I have the seller give me a lease assignment agreement, assigning the leases legally over to me. Th...
Shaun R.
Why is it so hard to think of a business name?
I talked to a portfolio lender today that seems to have good terms, but said that they prefer to make the loan to an LLC. The only reason my partner and I haven't formed the LLC is because we can't think of a business...
Robert C.
Is this property a good deal? NJ
Good Evening all,
Im just starting in this business as a wholesaler. I was contacted by an individual who just inherited a house. Its a bungalow and the house itself is roughly 25x25. Yes, small, I know lo...
Kevin Ulysse
New To Real Estate Investing/ Wholesale
Hello my name is Kevin and I am brand new to the real estate community. I considered looking into real estate a few years ago but was unable to successfully take the time to gain the knowledge of real estate investing...
Nicole Almond
First potential flip! Deal or no deal?
I've heard that starting your realestate adventure with a house needing a complete renovation wasn't very ideal. With the numbers, however, I am somewhat interested in giving it a go.The house was built in the 1960's ...
Abraham Anderson
Offer denied, now what?
I made an offer on a multi family property; the asking price was $795K, however the tax appraisal is only about $480K. so I put in a offer at $550K. The property has been listed for almost 2 yearsI don't have a RE age...
Account Closed
Loan Payment Question
I am new to the forum so please excuse my inexperience. I am an 18 year soon-to-be college student and I am in contract to purchase a coop in NYC. I took out a 30 yr fixed for $265,000 and my parents are helping me ou...
KJ Smith
Can a buyer see your base contract when your wholesaling?
Hey BPers, When you're wholesaling a contract, is your base contract price protected by the title company, or can the individual you're selling to see the amount you've agreed to pay? I'd like to know more about how t...
Zachery Hitchcox
STR Arbitrage and REPS
Hello everyone, I looked around on the site and wasn't able to find an answer to my question. Apologies if its been answered before.Does STR or MTR arbitrage qualify a person for Real Estate Professional Status (REPS)...
Brian S.
My first Cash out Refit :P
Hey Fam,Seeking an OG to give me their "hot take".. like a "holy shii don't do that" and or listen to my thinking and tell me if it sounds reasonable.A second set of eyes.So I own a 18 unit bldg, and have a partner at...