Hector Serna
Offer accepted… and there’s a new dilemma
Hey guys,If any of yall have come across my previous post you’ll find that I recently had an offer accepted for a short sale in Cicero, IL. The numbers are as follows.1959 Build Single family home: 3 bed (possible 4),...
Account Closed
Lender changed down payment % after offer acceptance
Looking for advice: Tampa : communicated to my loan officer I was looking for a live in multi family/ multi unit. My loan officer ran numbers using 5% conventional after I sent him the property I was submitting an off...
Nathan Buck
Offer accepted on first STR… Now what?
After years of analysis paralysis and watching from the sidelines, we finally had an offer accepted on our first STR property in the mountains of Vermont. Now what? We have a little bit of time before closing, assumi...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...
Dana R.
Accept increased rent with tenant's security deposit?
When my tenant's 1 year lease expires, I gave that tenant the option to re-new it with another 1 year lease at a higher rent.But, the tenant wants to use part of their security deposit to pay for that rent increase. W...
Joshua Myer
Any advice on accepting Section 8 vouchers?
I am currently marketing my rental in Fresno, CA. I have never rented to a tenant with a section 8 voucher before. What steps do I need to take or issues I should look out for if I end up accepting a tenant and their ...
Moises Guerra Garcia
Negotiating while under contract (after offer accepted)
Hi!
I recently placed a $550k offer on a home priced at $599k on Zillow. The seller eventually agreed to $565k. The house was built in 1950. I am currently under contract until Tuesday. Can I still negotiate after f...
Eric Johnson
Getting offers Accepted in a Hot Market
What's up BP, hope everyone is doing well this new year!I represent a team of cash investors in the LA market and we are looking to score some flip deals from the MLS. I've noticed, I put in a lot of work contacting t...
Michelle Bright
Should you accept a pet rabbit(s)?
What are your thoughts about pet rabbits? What experiences have you had with them? Have they destroyed your rental? Have you had a good experience with them? Do you own rabbits? Do you require an extra security depos...
Lisa R.
Advice on accepting Ernest $ up front please!
Hello fellow BP peeps! I am considering selling a property and taking Ernest $ up front now- BUT It will not actually close until mid-2025. Can anyone give me some worst case scenarios besides me owing the $ back if ...