Michael Salamone
Inheriting a Tenant mid Month
I am about to close on my first property this month, a duplex with one side already rented. I decided that I will allow the tenant to stay since they appear to be current on rent and their side is immaculate (I will p...
Account Closed
First Flip Analysis Sugarland: how does this look?
Hi,So I have an verbal offer we made for a flip in Sugarland, TX. Could you take a look below at the analysis and the photos as well? We estimated 40k for the rehab just based on square footage so far. The owner is...
Jeffrey Greenhow
Buying a wholesale property.
Ok, so I've never bought a wholesale property before but recently I've been in contact with a wholesaler about a property he has under contract in north Warren MI. I will be looking at the property in two days and pla...
Oren Yehezkely
Seller wants cash only but closing day is 4 more than 4 months aw
Hello,I am considering purchasing a condo in Miami. The condo is rented but is offered for sale now (cash only).The closing will not be before the end of the lease which is in September.First, I am not clear why the s...
Chana O'Leary
Bank Taking FOREVER to Close Cash Deal
Is anyone here dealing with banks seemingly dragging their heels to close an all-cash deal? I put the asking price offer in the last week of September. I asked for a 15-day close. The real estate agent laughed and sai...
Brian Rouse
Enough already!!
Selling flip house, offer accepted, inspection done. I fixed everything on list, about $1400.
Now lender wants shed out back to be painted, it's peeling and frame of garage door painted. And a co2 detector in baseme...
Aakash Patel
Down payment assistence
Morning,Does anyone have resources for closing cost assistance?
Kris Wong
5 years to 40 units, and much more to come!
I apologize in advance, this is going to be a little long. I hope it’s worth the read!I’ve seen many a success story on the forum that was pretty impressive… 100 units in 2 years and such. My story is a little more mo...
Ken Nyczaj
How a new investor landed his first deal
Here to help anyone starting out that's looking for some direction to landing a first deal. It can be done while working a full-time job, the right focus and passion will get you there. I'll keep it easy to read and s...
Sunshine Chow
Red flags to look for in HML agreement and project insurance?
Hi BP Fam!Can anyone please share some insight as to some specific items to look out for in hard money loan agreements and insurance policies for a fix and flip? What clauses should be included? or which clauses shoul...