Good morning BP-ers. Long-time lurker, first time poster. I love the generosity and expertise of this site!I own three OOS investment properties, all SFH. I purchased "Property 1" in 2013 for $135K w/o doing any meani...
Hey BP,Trying to wrap my head around this Owner Financing Fix and flip deal. I've never looked into to doing owner financing with a flip before. I have a few questions that maybe you guys can help me out with. 1. What...
Hello everyone,
It's a new situation I believe to most of us with the coronavirus that is taking the economy down. Want to get your thoughts/opinion on few subjects:
1.would you do a ren't relief plan to your tenant...
I'm representing a seller who just remodeled a property. He purchased it in Dec. 2016 but the deed wasn't recorded until about 30 days later.The underwriter wants us to rewrite the contract with a new date, get a sec...
My parents titled a triplex to me in 2013 via quitclaim deed. The triplex was initially purchased as a single family home and converted to a triplex. My insurance broker is warning me that if I go to a landlord policy...
Hi BiggerPocketers:Howdy all? Here is my situation.Current primary home (A) has 440K loan at only 3.6% 30 year loan. The property shows a zestimate of 1.5m though for all practical purpose it will probably go for 1.3m...
Story 1: A perfect timing I could never dream ofCharlie Munger had a famous quote saying "You make most of your money in a bear market, you just don't realize it at the time". When I first read about this quote, I tho...
I am looking at purchasing out of state. I live in Washington and have a buyer with a property under contract in Wisconsin that cannot get financing. Is there a way that I can purchase the property with a contract f...
We are closing on our 2nd property in less than a week. Both of our previous private lenders are no longer offering refi due to covid-19 uncertainty. We are affraid that all of our capital will be held up in this prop...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sioux Falls.
Purchase price: $149,000
Cash invested: $37,250
Duplex in C-Class Neighborhood near downtown, 3 blocks from m...