Yoni Meth
Closing remotely from abroad with lender
I'm a US citizen but currently living in Israel, and I'm in the process of purchasing a property in Columbus Ohio.My plan is to do some rehab and therefore I want to take a hard money loan which will cover 80% of the ...
Wade Stahle
Foreclosing on an owner finance
I have a bit of a difficult one. I have a gentleman that is owner financing his home. His "renter" is 3 months behind on his payments and can legally be foreclosed on in my state. He doesn't want to deal with it and w...
Sam Valme
PT1/5: Capital Acquisition
Hey BP Family, I have a couple of questions I could use everyones help with. I am building what will end up as the basis of my companies new business plan. In an effort to keep the responses specific I'm going to brea...
Scot Sorenson
I bought the BP lease and its more complicated then I thought.
Hello all looking for some help. I bought the BP lease for Minnesota thinking they would have simplified everything. Turns out its way more complicated to fill out then the current lease my PM is using. My PM is no ...
Lora Sitler
Primary residence and FHA
So just so I understand. You buy a quadplex with an FHA making this your primary residence. I have have heard a couple bigger name people discuss it but not really go into details as to if they are really living in on...
Danny Simard
An investor finds a private money lender. Now what?
Scenario: I'm an investor looking to borrow from a private money lender. I've found that private money lender, we've agreed on high-level terms, and we're ready to move forward. Now what? What do we have to do to get ...
Lashinda Winters
Terminating a Contract
Hello All,
My first wholesale deal is not going as expected. I've asked the homeowners to go down on our original price of $93K to $85K because I have a buyer. This amount is actually the payoff amount and no...
Don Konipol
Why Most Partnerships Don’t Work, and the Few that Do
Most partnerships DON’T work because the partners go into the partnership for the WRONG reasons. Partnering between two people both with no or limited experience; both with no or limited capital, or because they’re “...
Ibrahim Hughes
Why Isn't Filing a Ch. 13 Bankruptcy Saving This Home???
Hi All - just came across a seller who wishes to sell her home in foreclosure (under water). The surprising thing was that she filed chap. 13 BK and (according to her) wasn't allowed the option to save the home she's ...
Noah McPherson
How to give a seller a good lookin offer
Hey BPeeps, I would like some help on something. I want to write up a semi professional offer of sorts to present to sellers. If someone could give me an example, I would greatly appreciate that. I would be pumped to ...