Chris U.
Landlord Insurance Coverage Comparison
Hey everybody,
(Sorry to mods, originally posted this in the wrong forum!)After roaming the BP Forums and blogs for the past few years, my wife and I are finally under contract for our first rental property. So finge...
Nathan Hood
Love some advice on taxation!
Hello all,
I am a chef that bought a live and flip to get my foot in the door with real estate. I bought a foreclosure and fixed it up my self and added a bed room and bathroom on to the house. The restaurant I was...
J Fox
Does a Highest & Best Letter Cancel Existing Counter-Offers
I made an offer on a bank owned home. The bank counter offered on a Monday with no expiration on the offer. The same week they requested highest and best offers on Thursday. I attempted to accept the counter offer ...
John Hylton
Capital Gains primary residence
Hi guys,
We bought a home last year (essentially a long term flip), and we decided to make it our primary residence for a bit. The reason was two-fold; it met our current needs as well as would keep us from paying ca...
Jack B.
Should I cash out refinance or keep the cash flow?
Sitting on 750K cash (well in the bank). 850K in equity there abouts with the hand full of rentals I own here. I moved back into one of my rentals almost 2 years ago and am considering taking out 150K equity before mo...
Account Closed
Grandma’s house - seeking advice
Hi folks - newer to BP but a young striving REI, I’m looking into an option for capital to start my REI journey. bottom line: grandma moved into senior facility. My dad and his brother are looking to sell her home.sit...
Llewelyn A.
Listing Broker May Not be Submitting my Offer to the Seller
About 2 weeks ago, I submitted an Offer to Purchase a Property for a Client/Buyer.The Seller's Agent got back to me and said that there is currently an offer with "No Finance Contingency" and because my Client will be...
Kevin Garrity
Real Estate IRA Custodians
Hello BP community. As a newbie in the fix and flip market, many lenders I have contacted are requiring interest up front and are capping at 80% acquisition. As such, I am looking for references for a reputable compan...
Jason Hyder
First meeting w/ Real Estate Attorney ????
Good morning...
My first post, so looking forward to hearing from you. Thank you in advance.
I have had my initial mtg with my RE CPA. I am now planning to have my first mtg with RE attorney. I would greatly appr...
Justin Fox
Question about Seller Financing Terms and Rates
I have people interested in me building them a home and then seller financing the home to them.I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.Are loans like these ty...