Hi all, well I have been looking into another short sale recently. I put in a bid along with 3 other people (2 months ago). I was the highest bidder and the bid went to the lawyer and the bank. A month and half later ...
I am submitting a written offer on a property here in California, which I have not determined yet if I will wholesale or flip. I am a licensed and active Realtor in California, and can use a CAR purchase agreement. Sh...
Here's the the deal: I gave a $5000.00 loan to family member who need to finish rehab work on a flip. I had my attorney draft a contract for the loan and we agreed on 20% interest with the full amount of $6000 being d...
Bigger Pockets Family! We we have a dear friend who is in a financial pickle and has offered to sell us his out of state 3 bed, 2 bath home for $290K (currently listed for $300K). Loan is assumable ($182K balance at 3...
Hello BP,For those of you that have deals under your belt, how do you document it?Do you have a folder with before and after pictures with a copy of all the contracts? Or do you just have a simple excel sheet with the...
Hello all,I see a lot of questions here on BP forums about rentals in Philadelphia and landlord-tenant rules. I put a list of links together for new investors to use and see what you need to rent a property in Philade...
Title says it all - how much do you, private lender, pay for attorney's to prepare your loan documents (contracts, promissory notes, deed of interest, etc.) and where are you located?
Tenants wishe to break the lease and I want them out but I'm not sure what document to use for this. They want to notarize a mutual termination of lease agreement. Any suggestions? And what should it include? Tenant a...
Governor Gavin Newsom has signed AB 2801, a law requiring landlords to provide photo documentation when making security deposit deductions. Originally drafted to prevent landlords from using security deposits for clea...
I'm fixing to contact the seller of a 14 Unit Complex. My question is what records should I feel comfortable in asking the seller to produce, so I can do diligence. Thanks in advance