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Results (10000)
Sahil Relan Inheriting Tenants, Help Needed
8 February 2020 | 4 replies

Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...

Rich Harris FHA Purchase using real estate commission as down payment?
5 September 2015 | 9 replies

Hello All,              The title says it all. Could someone please tell me if you can use your real estate commission (I am a licensed agent) as my 3.5% down payment on an owner occ FHA purchase loan?  I will still h...

Andrew M. Maximize tax savings with investment property
21 November 2022 | 6 replies

Hi all,I'm purchasing an investment property next month (December) (2 units). I want to maximize my tax savings when I file my taxes next April, so I was wondering what I should do til the end of 2022 to maximize my t...

Jim Hagstrom First time STR
27 January 2024 | 7 replies

Hi Everyone,  I just started my journey with my wife to purchase a Condo in Palm Harbor Florida.  The condo is part of an estate that I will inherit 1/3 of.  We are thinking this might be a great start for an STR.  So...

Dan NA First and Second Position Mortgage Companies Goto Court
9 June 2009 | 6 replies

Hi all,

I wanted to get some clarity on the first and second mortgage holders on a property I have been keeping an eye on recently.

The first position mortgage company has sued and gotten the property back via court...

Chris Holdren I know how a Double Close works, but what about the Contract?
14 February 2018 | 1 reply

Hello BP Friends,I 100% understand the purchase agreement / assignment process and the contracts Involved for doing a lowdollar assignment amount normally.My question is:For high dollar amount assignments where we wan...

Ade O. scanner!!!
23 April 2012 | 7 replies

Any recommendations on the best make of scanner to buy?

Gagandeep Singh San Fran east Bay Area - writing contracts while flipping
26 November 2016 | 3 replies

Any recommendation on how to document all the work on a flip project?
In my last (my first flip) project, things were executed in good faith for the most part. There was literally no documentation.
Also, most of con...

Philip Mullinax What documents should I ask for when evaluating a multifamily?
10 September 2017 | 3 replies

Hey guys,I am going to see two prospective quadraplex's this weekend and wanted to see if anyone had any suggestions as to what documents to ask the current owner for.  I already know the taxes for both properties and...

Richard Oswald Taking over Tenants
25 April 2019 | 7 replies

Good Day BP Family!Question, I plan on buying an attached 2 unit condo in NJ. Both units are occupied. What are important Documents and terms I should ask the current landlord for before i purchase the property?