I have an opportunity to buy a lot in FL (with house that needs to be torn down) that can be split into two buildable lots (it hasn't been split yet though). I want to flip/wholesale the lot to a developer.
I know t...
I invest out of state successfully. I know some members and vehemently against it and have stated that they know many have lost their shirts. Yet many members continue to go that route. My take on this those that d...
Hey y'all!My husband and I are from Piedmont, SC. We've always talked about getting into real estate and finally decided to make the plunge this year. (I posted a discussion under General about a vacant/abandoned hous...
Some of the wholesale listings I get say possible tear down and rebuild. I would do this if the number worked, but my problem is that I would have to pay an architect thousands of dollars for a set of drawings before ...
Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...
Hello, My name is Lawrence and I am trying to get off market deals, I have been skip tracking my absent the owner list and Cold calling the list with my hired VA. However, I have not been able to land any deals. My me...
Well, it's kind of a flip. We are the financial partner with an experienced buy and hold rehabber. After the rehab is done, we have a few ways of exiting. We are very excited and glad to be doing business with her ...
Taxes implications for buyers and seller on Seller finance deals!?I’m working on a seller finance deal and have some questions on Taxes.Seller: Family member Seller’s Purchase price in 2009: $180,000Property owned fre...
Hello BP family!I have two new investors who want to partner with me on fourplex and multi-family commercial deals. None of us have experience in commercial investing, but we are aggressively attacking the knowledge b...
Hello BP,My parents recently inherited a timeshare that carries with it some formidable annual maintenance fees. They would like to keep the timeshare as they are reaching a point where they want to take more frequent...