Account Closed
Buying Vacant Land
Forgive me if this is not the correct forum....
I need help working through an issue in our hunt for land to build a home.
So I live in a small Sububan Chicago town. So small and desirable that there aren't many va...
Div Bhingradia
Shopping center auction for newbie
Hello,Need some guidance here for an auction property we are looking. About us:-3 partners, none have experience in real estate (we have other businesses we run) - we have enough capital for down, operating and some r...
Jimmy Leaton
I want to buy my second home and rent out my current home
Should I use the equity in my primary home to purchase my next home? I will be renting out my current primary residence and moving to the house I will be buying.
Rayan Faris
loan money to father with current residence as collateral
Hi,My father lives in NJ. I would like to loan him money, paid monthly to help with his expenses. Unfortunately, he is not always financially responsible. I would like to loan it against his property which he owns fre...
Lynne Marquez
Conundrum...buying house from recently disabled family member
recently a family member found out he had diabetes the worst way...passed out and woke up in the hospital minus 1/2 of his foot and a toe was also amputated on the other foot. He has not been able to work and has had ...
Quentin S.
Arv 600k under contract for 400k needs no repairs
What's the best strategy to go about this. A house that's worth 600k arv is now under contract. We got it for 400k because he wants to pay the mortgage off and just walk away. Wholesaling wouldn't be a problem since i...
Marcus Geiser
Need Help with a Deal Analysis
[b]I have a lead on a home for $22K owner will finance with $2500 down. I offered $500 per month for three years with a baloon. HUD tenants in place paying $700 per month.
The home does need work roof, windows, and I...
Martha Blumel
Exit strategies for pre foreclosure 4-plex other than Shortsale?
I just heard back from an owner of a 4-plex, that I originally contacted late last year. He is ready to move forward. He has not made payments on the property for years, had filed BK and no LP has be filed yet (as far...
Ricardo Murph II
Deal in Ohio, I am in Texas and Seller in Georgia
I am working on a wholesale deal in Dayton, Ohio. I live outside of Houston, TX (Pearland) This is my first deal that may actually work, but its kinda complicated. I found this through my brother. This home is owned ...
Lawrence Rutkowski
What constitutes good Subject-to Criteria
Hello BP friends,I understand what a subject-2 transaction is, but what is the criteria/situational benchmarks you look for when deciding this is a good strategy for the subject property? Low equity, newer homes, for...