Investment Info:
Single-family residence fix & flip investment in Gainesville.
Purchase price: $165,000
Cash invested: $40,000
Sale price: $303,000
Contributors:
Julie Barona
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I understand the basic steps of wholesale: find seller, get under contract, find buyer, assign contract, close the deal, get paid. What I'm looking for is a more detailed step by step checklist I can use to get set up...
I recently closed on a multifamily property. I got my water bill for my first quarter of usage and there is a balance the prior owner did not pay. The city the property closed in has a standard policy that water deb...
Hello everyone.
Bank accepted my offer on a property. Bank's addendum states "Buyer is to deposit earnest money in the amount of $1,000.00 in listing agent’s escrow account or with Seller’s closing agent upon ac...
Hello BP family! I'm a first time real estate investor and have identified a property that offers seller financing. But now I'm not sure how to proceed... 1. Do I need to get an attorney or can I use a purchase agreem...
Hey Everyone!I am new to the community, first joined October 2014. I am searching for homes in South Florida for my wife and I. Specifically I am looking North of West Palm Beach to Sebastian OR South of Sarasota to N...
Hi BP members,Need your advice. I am in the final phases of a feasibility period for a 12 unit multi-family Class C property. The appraiser from the bank asked me to send the Inspection Report (which I had gotten done...
Hi, I'm trying to figure out the proper way to vest title for a purchase of real estate within my self-directed 401k. Unlike an SD IRA there is no custodian; I am the employer (sole proprietorship) and trustee. The ...
My partner and I are ready to sign off on a contract. Its a Fannie Mae foreclosure. Its being sold through an agent with a management company.
We just got the contract and article 14 has a deed restrictions. It basi...
Hey BP,I may be getting a property under contract in the next few days. The seller decided to have a realtor assist with the deal but it is not going to be listed on the MLS. The realtor is just a liaison for the sell...