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Hello BPers!I tried searching the recent posts, but couldn't find this question and I am sure its an easy one to answer. I am switching my short term investment goal to fix and flips and have begun looking into hard m...
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I'm purchasing a new rental property and the Seller has agreed to do an installment sale (seller financing). The escrow company just gave me a copy of Form 593 which appears to say that, as the BUYER, I must withhold ...
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When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
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I went to put an offer on a Fannie Mae REO, and I had to sign a disclosure that I understand that there will be deed restriction that I cannot sell the property for 90 days for more than 120% of the purchase price! :s...
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Hey fellow members, I have a question that I wanted to bounce off you guys since I see that many members successfully manage out of state rehabs. I'm currently in the midst of a rehab in Florida while living in NY. ...
I'm fairly new to bigger pockets and would like to start investing soon after graduation. It seems to me a great way to get some initial experience would be to become a property manager for a small, local investment c...
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Hi,
I am curious to see what people think the most useful degree would be for a real estate investor. I believe nothing beats real life experience of getting your hands dirty. However, if an investor was going to get ...
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Hello! My name is Joshua and I am interested in getting involved in House Hacking. I currently live and work in NY as a Aircraft Mechanic and would like to purcahse my first property this year. I am not limiting mysel...
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Hello everyone, I am trying to rent my home to try and have extra cashflow. My wife and I both agree we need a bigger home as we outgrew our present home. I want to rent and my wife wants to sell. She tells me what is...
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I am starting to wonder about this - if I were to pick up a $125k piece of property, say, this month, is there anyway to go $0 out of pocket? Or is there always going to be something that costs me? Such as $5k for i...