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Hi,
Wondering if anyone has any input on how to go about taking over a lease when buying a property. We are about to close on a duplex that has six months left on a lease for one unit and a new month-to-mont...
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I have a 3bed 3 bath SFR for sale for 140k 15K down 125k financed @ 8 % I will have a previous note for 124k @ 3.5%- Mortgage and Escrow at Buyer wants to place cash down as soon as possible, we have a verbal agreemen...
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I will update this page in conjunction with a recently launched blog, www.thatflippingcouple.com.
This thread will include more gorey details than the blog, largely for the sake of input from the BP communit...
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Does anyone (a lawyer would be a plus) who is familiar with NJ know what, if any, special licenses or certifications might be required by the state/municipalities to run an LLC that buys and sells real estate. I'm ...
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Hi All, My wife and I are moving across the country and will start the home search process next month. We are looking for a primary residence first but I hope to invest in the area soon after. I also want to turn this...
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I was wondering if any of you in BP have a property management business servicing higher end SFR rentals ranging from $250,000 - $450,000?
If you do can you please share your experience of what it is like and...
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I have a question about assignments and earnest money. When I assign a contract to another buyer, my earnest money goes along with the assignment. So, how do I protect myself if the person I assign it to screws up a...
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Hello all,During my introduction post, I was provided a potential home to rehab on the cheap. The house is next to nothing at $10k, its a 2/1 1000sq. ft. and in a rather undesirable area of the city. However, the area...
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It seems like such a gray area. From the research I’ve done, some go 12 months and some go 6 months. There are others who even stretch that and say there is nothing you can do if someone offers you a nice profit. Afte...
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I'm working with a seller who is in his mid 70's and is on the fence on selling due to taxes. He purchased the property about 15 years ago and has been using it as a rental (At this point I'm not sure exactly how much...