Hi,I just put a cash offer on a foreclosure that was listed last night. It's a good deal and I'm first in line. However, the seller countered my offer demanding 100% earnest money deposit.Is that normal...?Thanks,Robert
Due to significant structural issues, my renovation is over budget and I'm running out of funds. What was a bathroom and kitchen job turned into a major reframing. I need another $25k to complete the project, and I ha...
Hello RE investor, Currently got hooked up to this forum .I have gathered lot of information on this platform and podcast. but most of information was related to US market. I am from Ottawa ,canada and looking to make...
Hello BP,
Recently my friend was asked to assist with a capital raise and due diligence on a Multifamily syndication. The company has a compensation carve out for such services. However, my friend (the one raising c...
I just got a property under contract, and I have 2 contractors coming tomorrow for bidding the rehab. My question is how are they bidding? Do they bid all the labor and materials? Do they include the appliances? Do I ...
Hi all - for those of you currently using (or doing) property management, I have a question.I'm closing next week on a duplex about 40 miles from me. I will be putting PM on this, and since it's an area that's new to ...
I've seen this question often here on BP. When you're first starting out as an investor and you want it to be in MF properties, is it better to start with a 2-4 unit or go with something larger such as a 10-12 unit? I...
Hello all,I plan on terminating a tenancy on a subpar tenant. However, there exists a possibility they will not leave willingly. My thought is to include with the termination notice a form letter outlining the merit...
I'm posting this here to do a little "venting". The wholesaler craze is alive and well in Indy. I am on multiple buyer's lists, and am bombarded daily with off-market "deals" under contract by local wholesalers. Not ...
Whether you are flipping houses or wanting rental properties, are there lenders that will lend you 100% of a deal and take the deal itself as collateral? I Don't have much cash to work with, so I'm trying to figure ou...