Rob Pagarigan
Options when sellers delay closing
We are 1 day away from closing a real estate deal. The sellers and seller's agent have been extremely difficult to work with throughout the deal. We signed the docs yesterday and just after that, we were notified by t...
Derek Lee
Deal Analysis - Multi-tenant Office Building - C-Class
Hi BP Community,
Thanks ahead of time for your input. Would love to hear your thoughts on the following Multi-Tenant Office Space Deal that recently fell out of contract. It’s a C-Class Multi-Tenant Building located ...
D Mack
Stick around or Leave the Situation
Whats goin on bp world. Im dealing with a client who want to sell his whole portfolio. Its good 40+ properties. Problem is that he's battling a divorce situation, and he said that she on the title with him. Im not sur...
Brett Radi
Subsidies for upfitting/reuse
I am looking at a commercial/industrial building that would be a good reuse project for retail/apartment multiuse in an area that the local government would like to be cleaned up a bit. This would be an extensive and...
Eric Mcginn
Tax questions on LTR and title insurance settlement
Hello,
I’m dreading tax season because I’ve done pretty well this year. First question, is it too late to spend my money on repairs for this tax bill?Second question, do I have to pay taxes on a title insurance sett...
Nate Julian
Sitting at the table to sign, and seller decides on an appraisal
Tonight I went to a home to sign the REPC with a guy I’m buying a home from.I engaged with him a few weeks back and he was relieved to meet me because I can make thing so simple for him by buying w cash.i followed J S...
Nathan Mount
FHA Financing question
I want to try to secure an FHA Loan for a house hack, multi unit home in Chicago. Ideally a 3 flat, with at least 3 units, but 4 would be better for cash flow, obviously. These are not cheap.I made really good incom...
Thaddaeus Eli
What do I do if I cannot find any comps to calculate my ARV
I’m still fairly new to wholesaling and I keep coming to the same road block when trying to calculate some deals. I often run into the problem of not finding any comparable for my deal. Does this mean that it is not a...
Steve Korn
using a HELOC as plan B?
Hi everyone,
I currently have around 800k in equity on my primary residence and after consulting with my lender can put a 500k HELOC in place. That said, in the event I loose the property to foreclosure or some fina...
Edward Jordan
Pay Off Mortgage or Rehab Property
Hello Everyone on BP,This is my first post on BP so I will do my best to try and describe my situation. My parents own a House that has 40k line of credit and needs a ton of repair. I tried to get a traditional mortga...