I realize this may vary by state and by entity, and that in the end it's probably a question for an attorney. Still, I'm interested in hearing some BP members' thoughts.
We had an offer accepted on a bank-own...
Hello, I am currently working through the initial diligence process for making my first multifamily (2-5 units) investment and am currently weighing the pros vs. cons of investing within my local market (MA, NH, or...
I was wondering if anyone has ever done a manual underwriting loan simply because they had no credit?A little background about me: For the longest time I never believed in credit. I have never had a credit card. I hav...
I have my potential first investment deal that could go down as early as next weekend. This house will likely need close to a complete rehab and I wish to wait till after the rehab and financing with the bank to pay t...
My buyer's agent continually tells me that I should not worry about a positive cash flow to back-calculate an offer. Why? Because you don't want to show income (of cash flow) on your tax return, or else you'll be taxe...
I'm in the process of negotiating to purchase a home that is occupied by a very elderly schizophrenic tenant who, according to the seller, has not paid rent or been on a lease in nearly ten years. What should I do to...
Hey there,I'm in the process of buying a multifamily building (7-unit apartment building with an additional commercial space). Getting the final PA has taken awhile, but I'm finally ready to move forward with inspect...
Good afternoon every one im having a hard time trying to get my wholesaling business organized, I have plenty of systems to help me in my business but its getting frustrated I have a CRM but its not working for me. A...
Hello All!My wife and I are new to real estate investment and hopefully will be buying our first property soon. When researching deal analysis I have found a large debate on calculating expenses and saving money. Som...
My business partner and I are wrapping up our first ever fix and sell property in St. Paul, MN and are getting ready to put it on the market. I'm curious about people's experiences with virtual staging and would like ...