Kevin Harrison
Auction Flip deal scenario
Hi everyone, I’m looking for some feedback on a foreclosure at auction. Amount in default is $304k, no other liens, tax payments are current. The owner moved out of country and his son was living in the home and not m...
Chad Vermillion
Help analyzing unexpected offer to sell rental
Looking for some advice/thoughts on how to analyze the decision on if I should sell a rental property. Long story short - my tenant contacted me wanting to know if I would be interesting in selling the property. The...
Account Closed
Don't make this common mistake when applying for a hard money loan... here's a tip!
When applying for a hard money loan.... Complete all of the information possible when submitting your loan request to a loan. Be specific. Be detailed but don’t go overboard. Make sure all of the information is accura...
Eseta Matasau
Earnest money/Closing cost questions
1)How much is generally required for earnest money? Is there a state standard percentage of how much money is needed for EMD? (I live in CA, btw.) or is it just negotiable?2) Can you use a credit card to pay for the e...
Andrew Diamond
Estimating ARV & Rehab costs
Hey BRRRR enthusiasts, If you identify a property (through the MLS or any other method) and want to run the numbers on the BRRRR calculator just to get a ballpark estimate if this property is worthwhile to pursue (vis...
Jefferson Mcvicker
House flip capital gains
I’m planning on to flip a house later this year. When I profit from a flip I know I have to pay the capital gains, is the tax paid at closing? Or do I pay the capital gains when I do my taxes next year?
Luke Meeker
General Contractors, Homestyle Loan, Atlanta Georgia
Hi BP,
I am looking for GC recommendations to run a Homestyle Loan renovation in Atlanta Georgia (Tucker). Please let me know if you have any suggestions!
Thanks,
-Luke
Jon LaBorde
How many leads does it take to get a wholesale deal
I’m a few days away from starting my first marketing campaign and I was wondering if anyone could tell me how many leads I need in order to get a wholesale deal, my first month I’m starting with SMS and cold calling a...
Adrian Kloet
Hello from Sarnia, ON, CAN
A while back my wife introduced me to the BP podcasts and web site. All I can say is *mind blown* - thanks @Jami Kloet!What a great place for access to information and the forum to discuss all things REI. I have form...
Farah A.
Homstead Exemption in Houston…
Hello, thought I’d come to this forum for some input/advice. I am due to close on a property that I plan to house hack tomorrow in Houston, TX by the Medical Center. My lender just hit me with a last minute update t...