Janet Thaxton
Earnest money deposit vs Proof of funds
I am about to close my first "small" deal! Yessssssss
The buyer wants to pay the full amount of the property at closing. So i suggested proof of funds. He is going to give me a bank statement. My mentor says that sinc...
Nicholas Bastianelli
In Need of Investment Contract
Hey BP!I am preparing all docs/strategy on my first (on purpose) flip. I have collected all property docs, title docs etc, will be going to go to my first foreclosure auction next Thursday and am in need of a investor...
Jessica Jarvis
For Sale by Owner Questions
My husband are new to the game and have an opportunity to buy a neighbors house at a low cost. Question is: With a FSBO property who is required to provide the contract and paperwork? Also who is responsible or typica...
Adam Amero
Wholesaling Contracts
I'm jumping into the game of wholesaling, I'm still just a little concerned about contracts. Are there any experienced wholesalers who could point me in the right direction? Looking for a certain website to go to for ...
Kelly Brouillard
Liens & Involuntary Liens, what am I responsible for?
I am new to the game & trying to understand - with liens i.e. 1st trust deed, 2nd etc. Who would I owe? Who takes precedence? Involuntary liens? There is no doc.# nothing. I've reviewed the title, property records...
Scott Bolinger
Partnering: how to make sure I don't get screwed?
I'm looking into partnering with some other investors. I would be the money, they find the deal and have the rehab team.I know I need to do all of my due diligence, have a contract, etc. but I'm looking for specific t...
Horacio Gutierrez
Down payment note collateral note
Hello,How should I record a promissory note for bank loan and private loan for a down payment using the same property as collateral. When I buy the home do I just record the bank as the first position in deed and sec...
Jacob Krafka
How do you find Investors? And how are investors finding houses?
Interesting topic here, I would like to see both sides of the play field here. Being able to find investors looking for investment properties versus how are investors seeking out properties! Would love to hear!
Javier Grimaldo
Do I need a realtor to buy a house cash
Hey guys! New to the game here. I have 2 homes that I rent out. Bought with a mortgage and am house hacking the one I live in. My next step is buying a house cash. Do I need a real estate agent for this? Or is there a...
Tyler Bond
Contract Advice?
Hey all of BP,
I am new here and my goal is to start out marketing that I BUY HOUSES CASH, typically I will focus on wholesaling to other investors but I also want to be knowledgeable enough to do Sub-2s, lease optio...