Jonathan Sowinski
NEED TO FIND SPOUSE!!!
Hi all, it’s been a while since I last posted to the forums and thought I would share an interesting situation I came across with the BP world. As the title states…I am looking for a spouse, not for me as I already h...
Rich S.
Owner passed away, properties tied up in court
Good day BP Family. I have had my eye on a property that is in disrepair and needs a LOT of work, clean out etc. I had been in conversation with the family prior to the owner passing to let them know I would be inte...
Zarak Sharwani
FAST & FURIOUS AUCTIONS
I am looking to sell a property through an auction. Has anyone been able to convert successfully or recommend auctioneer service such as Hubzu or Williams&Williams? it just seems like an effective approach to cu...
Dylan Swinney
Taxes on assigning contracts
I am very interested in wholesaling or assigning contracts to kick off the start of my investing career. I have found a lot of information on the process but have yet to find anything on taxes. Can anyone help me out??
Chris H.
Option Consideration Amount
How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...
Bernard Chouinard
4 Owners, tax lien multi unit how should i go about this?
4 Owners of this 2 unit 3 br property. Wow very long story will do my best to make it as short as possible. Changed the names just in case. .lol Owner 1: Carol, took a 2nd mortgage on her house to buy her daughter (O...
James Reynolds
Creative Deal - Need Advice/Expertise
Can someone please advise on the best way to proceed with a creative deal. I will try to be as concise as possible:-Owner/seller is willing to sell me distressed vacant property for 250k (numbers are hypothetical)-Own...
Brittani-Kaye L.
How to find out how much owner/s owe on a house?
Hello guys,
There is this house in my neighborhood that has not pay their property taxes since 2014, so I’m assuming she hasn’t pay her mortgage payments as well. I have drove by her house a few days now and notice...
Account Closed
Triplex For Sale - Realtor is Owner - Need Advice
I found a Triplex for sale for $219,000.It consists of:Main House 3/2 (Could rent for $1,100)Apt 1 - 1/1 Occupied $500/moApt 2 - 1/1 Occupied $500/moTaxes - $2,200Insurance - $1,300? (Guesstimate)Vacancy - 7%Repairs -...
David Sirmons
REO dbl close/Quit claim deed and payment.
There's a chance I may be able to avoid using a trans funding company for wholesaling an REO I have a contract on. I was looking at having to do a double close, with trans funding for A to B, which will eat into the p...