This question is based on the assumption that the great majority of real estate wholesalers (and other investors) are honest and well meaning, and therefore set up their deals to create win-win-win situations for sell...
So I am 4 weeks away from closing on two duplex apartment buildings, however, the insurance company that my contractor had builders risk with decided to not renew the insurance policy. No claims have happened and the...
So what are the risks of an auction property in Pennsylvania? This one property is a Wells Fargo REO that I have been interested in but had no luck getting info from the bank on, it has now come up on my search on zil...
Hello BP, Most people agree that interest rates will rise in the near term. What are you doing as an investor to mitigate this risk? Most Investor loans have a balloon payment or adjust in 5 years. If interest rates...
Hi All, I'm going through the process of purchasing my first investment property. Right now I'm looking at an off market, FSBO deal. It's a duplex (top/bottom) for $100k, renting for $650/unit, built in 1920, and in ...
Hey,
I am about to go into contract on a house and this is what I got from attorney (image). Haven't run into this before and nor do I have much information about what it means to have an underground storage tank. ...
Hey BP Community, My rental portfolio is steadily growing (still pretty smalltime), I am up to about $20,000 in tenant deposits. Thus far the money just sits in an account, as its not my "free and clear" money.What do...
Hey all. Just wondering what your thoughts are on lenders closing existing/open lines of credit, especially given what we are seeing with the markets. Anyone have experience with this from 2009?
I have a property in contract where the owner is distressed and will do anything to get out. It needs a little work so a lease option is not going well, but I was contacted today by an investor who wants the prope...
I am looking to buy my first property which will be a duplex. I'm seeing two that I like, one is 150,000 and the other 160,000. They should cash flow around 200. This seems like a lot of money to borrow and that it wi...