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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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?