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Results (4429)
Alana Nevares Repairs are eating cash flow
12 July 2020 | 25 replies

Hi, i had posted few months back, i invest in Cleveland (University heights, Cleveland Heights, Garfield, Euclid). Have 5 properties (1950s). We did inspections, being out of state we work with management companies, s...

Shera Gregory Can I assign a contract to my self-directed IRA?
10 August 2013 | 8 replies

My guess is "no". Still in the process of funding my Roth IRA LLC and there's a property I would like to make an offer on but I won't have the $ in the LLC account for another 10 days or so to be able to write the ea...

Vincent Matraxia 3 unit building with partner who does not not qualified for financing
4 August 2015 | 4 replies

I need advice on buying a 3 unit in Florida with a partner. I have the credit for the financing I don't have enough for the down payment and rehab. So I'm thinking of taking on a partner who has the cash but does no...

Justin C. Correct verbiage for turning down applicants
29 April 2015 | 3 replies

Hello BP, I've had a busy week showing our SFH and accepting rental applications.  I have 3 applications... 1 solid one that I would love to have and who would be perfect.  The other two I honestly dont feel would be ...

O'Neil Mbakwe Wholesaler Dealing with Cash Buyers
22 July 2019 | 3 replies

I came across a cash buyer whom I’ve never done business before. They were interested in the property I had, but before depositing any earnest money, they wanted to see the resale contract that I made with the seller....

Bridgette Packer Duplex receiving no COVID-19 rent
9 January 2021 | 5 replies

I have a duplex that with 2 cleaning ladies(and family) occupying either side. One of them pays rent every single month on time like clockwork. The other one is pretty good but usually have to prompt them. Neither one...

Andrew Halbert Getting deals under contract without POF letters
18 July 2016 | 3 replies

This may be a silly question but I don't care I  am going to ask. :) When using a Private or HML, how are you guys/girls getting contracts written up without a sufficient POF letter?  What I mean is, There are several...

Richard Stephens mortgage loans and credit lines
14 November 2018 | 2 replies

Hi BP's Community, we need help on figuring appraisal value of primary residence.Ive contacted several RE Agents for comps and they haven't returned calls. Were looking to refi for funds to move closer to elderly pare...

Jim Sestito You found an awesome deal, now what.....
10 January 2017 | 4 replies

OK You found the deal - commercial 10 unit property - Safe estimate $100 cash flow per door after all expenses/P&IYou found a bank to lend 80% of purchase price.Now you need 20% down payment.  DO YOU.....Drain 65%...

Zulu Black Is this deal worth it?
15 June 2022 | 1 reply

I'm interested in buying a 4plex as a primary in NYC at 1.3m. However, I only have enough funds for 12% downpayment. I'm not able to go the FHA route because the property will not pass the self sufficient test. The cu...