I recently signed a contract to purchase a home in VA in which the MLS listed the house as having 2460 sq. ft. When the appraisal was done, the appraiser verified the house only had 1948 SF. I shared this disparity ...
Hi BP,A partner and I are in the process of offering on our first small, multi-family property. It is a large residential home that was converted into four separately metered apartments. There have been several modifi...
Hi BP! I'm new to the real estate industry and the seller financing option is attractive because I see the option to purchase an investment property with a downpayment smaller than 20%. Lack of capital is my largest b...
I have sent out 50 letters last week. I am planning on sending out 50 more. However, the calls I have been getting have been "I do not have a house at that address, it is an empty lot".
Did I get the list wrong, or...
Thinking about putting an offer on a multifamily deal without using my own cash. Would hold and rent the property. What are some of the financing options I could utilize or is putting 25% down and getting a traditio...
Is there such a thing as one liability insurance provider being better than others in terms or a chance of paying out liability claims? If so, what is the name of such insurance provider? Property would be in NC. This...
Hello, BP.
I first wanted to say thank to so many of you for the insight over the years that I've been listening and reading your input. This is my long overdue first post and it's based on a strategy that is a mixe...
Hey everyone! I'm looking to get my first investment property - so far I sat down with a few credit unions and 1 corporate bank just to see what each one has to offer and just get pre-qualified; based on my 3 credit ...
We have the inside track on any estate house in Troy MI. The house is nit on the market yet bug we have a signed purchase agreement written by a realtor. There is no non-assignable clause in it.One of our options is...
A investor I spoke to is saying 3% is standard and refuses to bid on a property requiring 5%. We require 3-5% usually. Do you all see this as a deal breaker?? I’m not sure what the big deal is. I see 5% as standard on...