Jon Panuska
Cash Purchase Concerns
I have purchased a few rental properties with conventional financing and I have secured the means to start offering all cash deals.Are there any pitfalls to a quick close, all cash purchase? I am mostly concerned abou...
Ashley Cote
Property Purchase Timeline
What does your timeline look like when purchasing property? How early do you get pre-approved, when do you start making offers, etc?I'm looking to buy property in a little over a year, so I was just curious what your ...
Tim Greenfield
First SDIRA purchase
So as I understand it, the reason for setting up and LLC is for Checkbook SDIRA. I do not have an LLC but I have contacted my SDIRA holder and I am ready to purchase my first property. I can do it all cash for a duple...
Maritza Soto
Purchasing turnkey property
I have an opportunity to purchase a turnkey three family property. I'd like to go see the units but they "don't want to disturb the tenants" but I am able to look at the property and the common areas. I understand th...
Brandon Stevenson
Wholesale purchase agreement
I’m looking to wholesale a property but the purchase agreement sent by the seller has States this “LICENSURE: The Principle of the Buyer's entity does hold a real estate license.” Does this mean the property can’t be ...
Tony Gazetti
First purchase advice
Hello all!So I'm still in the process of finding my first rental property. I put in an offer on one that looked like a good opportunity, but it didn't pan out. That offer allowed me to discover that there are quite a ...
Dave Derocher
First income purchase
Well banks allow you to pull equity out of your home to use as a down payment on an investment property, or is that considered borrowed money.
Bethany Turon
First Commercial Purchase
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $640,000
Cash invested: $128,000
8-unit purchase. Turnkey with significantly below market rents. Only minor...
William Hamburg
Bulk Purchase Condos
Investment Info:
Large multi-family (5+ units) buy & hold investment in Cave Creek.
Purchase price: $2,244,000
Cash invested: $75,000
Purchased 22 condos for an avg. of $102,000/unit in December ...
Sonya Chao
Home Purchase Sequence
Hi BP community,
I created a home purchase sequence diagram (synthesized from different sources), just so I could better understand what information I need to compile and when. Please let me know if there is anything...