Caroline Widjaja
Seller Financing Question
Hello BP,Would any RE attorneys/someone who has experience in this Seller Financing process to help me verifying if the below TERMS are okay for my side (Seller)? Just a little background, the Buyer will put 50% down,...
Account Closed
Wholesaling Assignment Contract - Is this typical?
Good morning BP,This weekend I have verbally agreed with a wholesaler to enter into a contact at a set price, lets call it $50k. I will be seeking renovation financing for this property, so I will need the standard 1...
Jhansi B.
Landlord (home owners) Insurance for rental properties in LLC
Hi Everyone,I have a question regarding home owners (landlord) insurance on rental properties(single family homes) that are in LLC. Every year insurance is going up I would say minimum 15%. I am looking to lower cost ...
Ismael Ayala Jr.
Nonrefundable deposit on lease to purchase option
Regarding nonrefundable deposit on lease option to purchase for a home selling for $375K.
What does the nonrefundable deposit entail?
1) For illustration purposes is it (10K) upfront that the seller gives back to th...
Matthew G.
Making Offer - Via Email Ok?
Not sure if this is the right part of the form, but it's kind of a legal question.
I have a PSA that a fellow investor generously provided. I am planning on making offers on several houses I inspected in the ...
Mark Abdelmessih
Can Seller negotiate buyer to pee agent fee
Hey Guys,While many of you may know that, if theres a seller's agent and they find a buyer for a property and the deal closes, ultimately the commission will come out of the sales price and the seller receives less mo...
Julia Carminati
Newbie - weird situation, now sure where to start
Hi all, I've been lurking around BP for a few weeks now, and have been second guessing whether I should wait to begin my REI ventures. My husband and I are currently renting our home and looking to buy a primary resi...
Don Konipol
Why STR ownership and STR arbitrage are not comparable
So, I’ve read, continuously, all the reasons many seasoned professionals on this forum do not recommend STR “arbitrage”. However, having owned a small Airbnb rental arbitrage business in NYC back about 7 years ago, I...
Ori Foyer
Needs help with Section 8 issue
I bought a Section 8 property on December 2017 and planned to flip it. The tenant requested to stay in the property till the end of June 2018 and I agreed to it. Since that changing Section 8 property owner required a...
Ben G.
Private Investor Tax Implications
I have an investor who has offered to give me 15% of net profit after a deal closes if I fund the purchase.What would my tax implications be if say I funded a $20,000 purchase and the sell ended up netting him $10,000...