Is it safe to say that when making an offer on REO properties you should always make the offer as cash even when using hard money then amending the contract to reflect financing after acceptance?

I apologize for my metaphor, but I’ noticed finding a motivated seller is like asking a girl out that you really like. When guys are inexperienced in courtship they think there’s a magic slick “pick up line” that will...

Hi. I had a question about T-12 income statements provided by the seller. Is vacancy expense usually already accounted for in the top line rental income number? I never see vacancy as a separate line item, so I'm assu...

After reading a blog post here on BP about double closings, I was inspired to attempt a double closing on a wholesale deal. My title company informed me that here in Texas the amount of the B to C closing will be rev...

I had a 6 unit apartment building under contract in Washington, DC that requires that tenants be given the first right to purchase (referred to locally as TOPA).

The seller contacted me 3 weeks prior to close...

In doing some searching online I ran across a property that was listed on the market, went through inspection, and then was re-listed on the market. My immediate assumption was that if it went through inspection and t...

Hello All,Currently at the end of escrow on our first REI. Everything was smooth sailing. Great interest rate and funding - check. Inspections - check. Documents signed by us - check. Wired our down payment - check! L...

We have looked at a pre-foreclosure SFH  that is being "sold as-is, inspections for information only". It also says "broken glass in back, not suited for financing". NOTE: it is not listed as a pre-foreclosure on the ...

Good morning BP'ersI was trying to analyze a 4 unit multi family property off the MLS listed at $199000 with only 4 category of expenses provided by seller - insurance, water/sewer/trash, electric and taxes.   I do ha...

Hello Biggerpockets community,
I am a young aspiring real estate investor. After many months of researching and learning i am ready to get off my butt and get in the field. Like many of you all i am interested in w...