Lucien Gautreau
Bank Requesting payment for appraisal - without purchasing
Hello BIggerPockets! I have a question for a scenario that I've never ran into.. at least until now. Here it is, I had a property under contract that we backed off of after inspection, (but the inspection negotiations...
Geren Knight III
West Side Duplex - Cumberland, MD
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cumberland.
Purchase price: $43,000
Cash invested: $77,000
Sale price: $180,000
This is a 1904 duplex with three bedro...
Dave Halevi
Seller financing deed
Hey y'all.I'm about to close on a seller financing deal, do I get the warranty deed to be recorded under my LLC name? Or it has some other method of putting it together until the end of the balloon/loan period?What is...
Wes Foster
BRRRR in Galveston, TX
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $42,000
This is our first investment property. I primary residence with a duplex in ...
Erik Allahverdian
Are the Values Listed on HCAD Accurate?
Realtor Situations: When negotiating a deal on a property that has had no upgrades since it's been built, and seems to have no visible issues, do you find the local Appraisal District accurate? (Accurate in using thei...
Ryan Marrs
Wholesale Transactions: How does everyone get paid?
Hello all, I'm just getting started out with Real Estate Investing. I have a question about how transactions work for wholesaling. I understand the process up until putting the house under contract and assigning contr...
Ivan Lopez
First call from my first yellow letter
Hi BP community so I just got my first call from a yellow letter campaign. The seller told me that their house was flooded and now had mold. Additionally they told me their house was upside-down on the mortgage. It's ...
Ken S.
Building a Short Sales Team
Hi Everyone,
Long time lurker here with my first post! I started my REI career in '06, doing a few rehabs. The past year I have done mostly lease purchasing and would like to venture into short sales. I am in the pro...
Michael Plante
Definition of "AS IS"
As is as of the signing of the acceptance?Or as is as of the closing?Meaning if the property is damaged between acceptance of the offer and the closing. Is the seller responsible?Can they be held responsible to repai...
Matthew Masoud
Property Analysis for First Rental, Help a Noob Out!
Hello Bigger Pockets Community,I've been looking around the community for a while now and listening to the podcasts. I finally decided to take some action. I got preapproved and start placing offers. My first few offe...