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Results (10000)
Scott Trefethen Cash Out LOX (Letter of Explanation)
27 April 2021 | 1 reply

I am applying to refinance a rental home that I own outright. My lender has suggested that I keep the LOX as streamline as possible and avoid too many details. Can anyone offer advise on how to state that in such a wa...

Noah Bussanich Deeper explanation of my BRRRR project
19 February 2024 | 5 replies

I found a property that I am really considering purchasing. It would be a 500k purchase, 100k rehab and 700k ARV. I would then turn it into a rental.1- First off, I am having a hard time wrapping my head around the fa...

Michael Spindler Explanation or the Wholeseller / Investor relationship?
22 July 2013 | 3 replies

Hi BP,

Can someone explain to me the relationship between the Wholesaler and the Investor?

1. Do they (wholesaler) negotiate on your behalf with the seller for the terms? Or does the wholesaler and seller already h...

Nick Dodson Step by step explanation of wholesaling
10 July 2020 | 1 reply

Can someone point me to a step by step explanation of wholesaling process? I have a house under contract that intended to buy and hold, but I think it’s a better option for wholesale

Jordan M. Need explanation, $40k properties selling for $100k?
22 March 2018 | 2 replies

Newbie here.I have been seeing this a lot lately on the county qpublic. These are in an apartment complex where I am looking at a particular unit for purchase. How can a property worth $40-$70k sell for $99k? They hav...

Scott Johnson Explanation of a contract to purchase land
30 June 2015 | 2 replies

Okay, here's my newbie question - I plan to purchase vacant land from owners that are out of state and tax delinquent. Since these owners would not be local to me in most cases, I would use a mobile notary service to ...

David London Paying x3 above market..Looking for explanation
3 September 2019 | 11 replies

Recently came across two articles in the local newspaper of one of my focus markets about 2 separate student housing portfolio sales...the first in 2018 of 70 houses which sold for 30M and another one this year of 45 ...

Brian Anderson Explanation of Hard Money to Conventional Loan
1 May 2014 | 22 replies

Can someone explain how you go from a hard money loan to a conventional? I found 2 shells next door to each other that need complete rehab for $30k and 70-80k in repair. This property will be considered commercial ...

Jeff Tumbarello Derivative Markets: An Explanation Presented In Banker-Speak.
12 April 2009 | 1 reply

Heidi is the proprietor of a bar in Detroit . In order to increase
sales, she decides to allow her loyal customers - most of whom are
unemployed alcoholics - to drink now but pay later.

She keeps track of the drink...