I'm curious if the list price effects the BPO agent. My agent lists the price high on MLS when I first get him the short sale. Once appraisals and BPO's are done he relists it with me as the seller and we start to d...
A potential applicant just called me. She lost her house to foreclosure last year, which I know is not a dealbreaker from these forums, but also declared bankruptcy at the same time. Should the bankruptcy have any eff...
A sale contract can be voided, at the seller's discretion, if the seller was "unduly influenced" by the buyer. As I understand it, "insufficient consideration" (e.g., purchase price well below market value) alone can...
Hi all,I wanted to use cozy for rent collection but one of my tenants uses a debit card to pay. What is the cheapest/best way that I can collect the rent? I need to collect the rent in a few days so a quick response w...
Hello All,Firstly I only deal in flips. On all of my previous flips I exclusively use cash (helps me get properties and avoids all of the mortgage related headaches that come along with closing).I am exploring two dif...
Hello BP!I am an investor from the SF Bay Area. I am purchasing a 5plex property in Dallas, which closes tomorrow, 8/31. I have experience with rental properties in the bay area, but this will be my first out of sta...
House A - I offered and seller countered. I thought we were too far apart in price so I stopped negotiating. Plus I wasn't that excited to owner occupy the house. I did think it would be a decent rental that I woul...
Hi BP, My partner and I are working through what structure we should set up and I'd be very grateful for suggestions and advice from anyone who has set up a similar plan. We will be buying, rehabbing and holding 2-4 u...
I'm currently renting at a very low monthly payment. I have about $24,000 cash saved and have found a foreclosure at what I believe to be a good deal. The home is in a highly sought after area and is in great conditio...
Hello all!I just finished reading the Bigger Pockets "The Book on Rental Property Investing". I thought it was a great intro to the topic, and now I'm looking to get way more in depth into analyzing deals for finding ...