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I am being asked advice on something I have not done, so I am asking the BP community if they can help this couple. Details:
1) The property is in a MAJOR tourist area, on a very busy main highway
2) The couple wan...
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Ok, so I am a newbie and I would like some help to get some deals done.
There are two multi unit properties that I am interested in obtaining. One is an 8plex and the other is a 7plex. Both have two beds per unit and...
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Hello BP, Please excuse my ignorance, but I have a potential deal. The homeowner has been not paid the mortgage in 2 years and the property is in great condition, it is in a prime location and would be a steal for som...
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I have a property that was suppose to close on Friday. All documents state closing must occur by Friday’s date. My realtor received a text from the other realtors agent at 545 pm that the bank did not fund the deal...
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I am currently looking at a duplex deal that will require a $50,000 down payment. I have $20,000 liquid now, and I recently sold a business for $30,000 however I allowed the buyer to make $5,000 payments over the next...
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Had a guy move in Sunday night to one of my STRs. He called me the next day to complain about 3 things. 1. He locked one of the bedroom doors and didn't know how to unlock it from the outside.2. He wanted a better c...
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So I have completed one flip and did so without a realtor I purchased, marketed, and sold the house on my own. But after doing this I realized that using a realtor was going to be much easier. I went through 5 before ...
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My wife and I have 3 options: 1. stay where we are. 2. buy a second home and rent 1st. 3. sell our home and buy another home. The trick to this entire thing is we want to time interest rates and housing prices right. ...
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I just got off of the phone with an escrow agent who said that I am not allowed to fill out a CRA Purchase agreement without a license. They said that they would be able to complete a concurrent close however I would...
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As the title says I'm working on putting together a flip criteria for myself and figuring out the type of properties I'm interested in and the type or issues that I walk away from.We only buy our properties from aucti...