Hello I'm hoping to get some insight on if this deal structure makes sense. I've bought properties before via "Subject-To" but I've never done a novation or a land contract. Deal DetailsI have some sellers who are fal...
I have a buyer thats willing to buy my fixer upper house as lease option. He wants to fix only the essentials to qualify for a bank loan. He is asking if we could put the sale price as what ever it will appraise for w...
Hello All,
I have recently come across a Seller whom is allowing her property to go to Foreclosure, due to the stress. I would love to help this person out; however, I feel this deal is above my knowledge level. B...
Hi BiggerPockets! My mom is in her 60s and just sold a home in San Francisco that's essentially her retirement. The next step is to reinvest the income into something that'll cash flow to pay for monthly living expens...
I read an article here on BP saying that "delayed financing" is a key to making BRRRR deals work because they somehow allow you to bypass the typical 6-month seasoning period you must wait before doing the refi. The a...
We have accepted an offer on a 4 family house and in our Offer to Purchase Contingency Addendum we had the inspection contingency set the limit of defects at $1,000. The seller responded that we should increase this t...
Most people who have participated in residential real estate transactions as buyers or sellers remember experiencing last-minute changes at the closing table. Real estate agents, mortgage lenders, title companies a...
Hey guys,
I know that mobile home park investing is a thing, but i am curiuous if you are able to buy a single mobile home within a park and rent it out for cashflow. The reason I am asking is because I don't have...
Hi all,I am fairly new to BP so if this post is in the wrong place feel free to let me know.Currently, I am looking into buying a duplex in New Orleans and living in one side. However, typically when I run the numbers...
I'm looking to 'dive into the waters'. Don't know even know if it's possible yet but let's call this a case study just for fun. Here's some numbers: multifamily unit (4 units @$435) = $1740. They are smaller 2 bedroom...