![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22810/small_1621362016-avatar-tiara.jpg?twic=v1/output=image&v=2)
Good evening investors. I have been trying to flip my first house for the past 12 months to no avail. :roll: The bottom line always seems to be that I cant come up with the EMD (I've been laid off from my day job and ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/90076/small_1621416551-avatar-ocrazy.jpg?twic=v1/output=image&v=2)
I'm in the process of hiring a property manager in IL and found some terms in one property management contract hard to agree to. I'm fairly new to owning properties in IL, and want make sure these terms reasonable pra...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/30227/small_1671068582-avatar-svornholt.jpg?twic=v1/output=image&v=2)
What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52571/small_1694554142-avatar-edwinjcb.jpg?twic=v1/output=image&v=2)
I just had a Texas Realtor send me purchase contract for an offer I want to make. I was surprised to see the usual inspection clause encumbered with the language that says the buyer needs to pay a non-refundable "op...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/34193/small_1621366943-avatar-xrustyx.jpg?twic=v1/output=image&v=2)
Hey Guys ....
Looks like I got an offer accepted on now our 3rd Property (4th door). Didn't think it was going to happen - Roughly 20 offers were submitted, until 1 finally hit! Just about jumped for joy :D
Any...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/113033/small_1621417534-avatar-sweetgumga.jpg?twic=v1/output=image&v=2)
@Brian Gibbons
@joe gore
@John Jackson
Hi Lease option assignment, sandwitch lease option experts. I'm doing outbound marketing and expect to get some agents calling me back, some owners who ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/466804/small_1621477936-avatar-kentj2.jpg?twic=v1/output=image&v=2)
An older gentleman I know owns a mortgage and wants to sell it. The occupant has become a problem and is way behind on payments. If he sells the mortgage will the buyer be able to foreclose immediately? The gentlem...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/206977/small_1621433211-avatar-scottpig.jpg?twic=v1/output=image&v=2)
So today I got a lesson in how realtors work in Texas, or at least in the Austin market. I was more than a little surprised at how they do things and I'm trying to figure out if it's because of some silly regulation, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/24084/small_1677434409-avatar-skellies.jpg?twic=v1/output=image&v=2)
When selling a rehab with owner financing do you normally give a contract for deed or warranty deed. Isn't a contract for deed basically a lease option contract in some states? I'm in AL.
Seems like I would give the ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/547058/small_1621492275-avatar-gregw46.jpg?twic=v1/output=image&v=2)
Found what I thought was going to be a great property for my first flip. Got in it five hours after it hit MLS, walked through with my realtors (both of whom have rehab experience), ran all the numbers, and it looked...