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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
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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...
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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...
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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...
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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 ...
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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 ...
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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...
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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...
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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 ...
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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...