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I have a private lender in the State of Alabama that has foreclosed on a property and wants to sell to me. There are 8 months still left on the right of redemption and legal concerns regarding the current occupan...
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Hi BP community, I know this has been asked before but I am curious still. I am looking at my first fix and flip, the property purchase price is $80k, ARV $220k Rehab $60k. I have hard money lined up had to come up wi...
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I’ll try to be brief
I attended and won a auction for a SFRbefore I wired the funds I ask the lawyer in charge will this satisfy the first seat mortgage Wells Fargo. He answered no. I politely passed. Unsure of what I...
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Would this be treated the same as a investor cash buyer? Buyer wants to pay cash for the house to personally live in? Has 6K of the required 12K, wth 4 of that going to earnest money? 90 days to close contract. Should...
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I'm looking at a property in Florida that's being foreclosed by the HOA. However, the house is upside down. There's 1.2 million owed in 1st, 2nd and a privately held 3rd. The house is worth about 500k.
I'm not puttin...
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I found a property is about to be foreclosed on by the bank (1st mortgage). Looking up the history and found that the property was sold approximately 1.5 years ago in the sheriff's sale due to HOA payment default and ...
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Hello, I have a duplex (one is a two bedroom) and the second is a gutted two bedroom which I am considering turning into a one bedroom and a studio. My gut tells me that it will be more profitable as a rental and for...
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I want to combine my love of teaching and my love for Real Estate. I want to teach students how to House hack to flip/Rent when they are Juniors, Partner them with Professionals Senior year, and then mentor them throu...
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I am selling my home and plan to do a 1031 exchange toward a foreclosed home. Is this transaction too difficult (time to get offer accepted in 45 days too challenging vs. a non-foreclosed home)?
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Hi BP, I'm 24 and planning on getting my real estate license but I want to work more in the commercial side rather than residential. Mainly because I want to learn the industry so that I can successfully invest in com...