Austin Stuart
gift of equity rules? 1st purchase very green
As the title says quite new to the world of real estate. I’ll try to keep it short and too the point. I would like to purchase a home from a family member in the next 6 - 8 weeks. Home hasn’t been appra...
Shane Bracewell
First Duplex in Ft Worth - Rehab Needed
Fellow BPers,I have recently had an offer accepted (and renegotiated due to unanticipated repairs) on my first duplex in Ft Worth, TX. Below are the details:$174,250 offer accepted on a 2006 duplex (4 br/2 bath per un...
Account Closed
Old Inspection Report and Negotiations w/ Prev Sellers Shared?!
Is it possible for a realtor (buyer or seller's agent) to retrieve old emails from past realtors under the same brokerage firm (different subdivisions) and share them with buyers? Can emails from a previous sale made ...
Tanzania Sewell
Inherited tenant filed a complaint... - WI
Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Justin Marcellus
1st Rental in Central Texas
We will be renting our 1st SFR in central Texas. I am a little anxious as in where we could find/consult on a lease agreement. I've downloaded the application off BP and plan on using it, but not real sure where to s...
Raphael Vargas
Lease Option Assigning??
Hello,
I'm very familiar with Wholesaling and Assignment of contracts.
With a Lease Purchase, would I simply get the property under a Lease Purchase contract with the owner and assign my rights?
T...
Brandon Dubisky
203k advice for a 1st time investor
I'm looking for advice to acquire a 203k loan on my first investment property. I know I have to live in it and that is my plan, but how long do you have to live in it before you can sell? Any recommendations for 203k ...
Greg Horowitz
10-Unit Property built in 1920
I am looking at investing in a 10 unit property in Worcester County, MA. I am underwriting the property and having trouble estimating the expected maintenance. Obviously with an older property there tends to be more R...
Michelle Dong
Brrrr Rehab with FHA 203k
Quick question for the BP family.I am a 1st time investor and planning to house hack and the Brrrr strategy to add forced appreciation.2 questions: 1) how to you calculate rehab cost?2) with a fha 203k can you use th...