Keith Thompson
Title search/insurance- what is the difference?
I'm looking at closing on my first rental properties and am pretty confused on the title search/insurance process. My closing estimate includes:Title- Lender's Title Policy- $372Title- Settlement Fee- $680Title- Titl...
Ben Martin
Dishwasher in Small ADU?
Hello,
I’m currently in the drafting phase of building an ADU on my property in Normal Heights, San Diego (A/B neighborhood). The first drawing has it at 374 sqft with the option of making it as big as 450 sqft. Th...
Joe Edwards-Hoff
How does it work when the seller financines a portion?
If I were to set up a deal where the seller was going to write a note for 60% of the property and I would need to get financing on the other 40%, how would that go? Does the bank ask me to put a percentage down on the...
James Landsford
Calling it quits and selling out via owner finance… Mistake?
I am new the forum but have used BP for years. I currently own around 30 rentals, all free and clear, in the Houston area. In the past year and a half, I have grown increasingly tired of the in and outs of land lordin...
Mike Dymski
monetized installment sale
I am considering a monetized installment sale and would be grateful to connect with anyone who has done one before. This is a difficult transaction to get comfortable with and not a widely known strategy.For those no...
Michael Charles
Anyone investing in Cypress Hills/East NY Brooklyn?
Hi everyone. I am looking to invest in a property this year, through an owner occupied FHA loan. I am renting right now close to NYC by Long Island City. As much as I love this area, prices are extremely high and not ...
William Hochstedler
Can I tie up a short-sale property while I wait for it to foreclose?
A client (buyer) came to me interested in a listed house in the pre-foreclosure process. The listing agent is not local and doesn't impress me as being able to get a short sale done as there are 4 trust deeds on t...
Benjamin Cowles
Duplex absentee owners with tenants. What strategies to pursue?
Of the little marketing I've done so far just about all the responses I've received have been from absentee landlords of properties with tenants who will either finance no more than 70-80% if at all and won't take as...
Jamael Reed
Finding motivated sellers
Hi Everyone,OK I'll get straight to it.. I started out looking for motivated sellers by posting ads on Craigslist stating that "I buy houses".. I set up a Google Voice number to receive calls and catch voicemails. I'm...
Davey V.
GC cut of the profit on spec home
I have completed my first spec home sale, and it went extremely well. I had a GC build it turn key and it went under contract before it was completed. I made quite a bit on it and it was a complete success. I did n...