Gabriel DeVita
Closing Cost Question (am I getting worked over?)
My first property is officially under contract. It's a small 2/1 here in the Upstate of South Carolina. The purchase price was $72k and I agreed to pay closing costs, which I assumed would be $3-4k... Boy was I wrong....
Account Closed
Refinance/HELOC on a Seller Finance Deal
I just finished reading this incredible book on creative investing strategies, and left me with a lot of productive questions.One being the following – When you seller finance a deal, how do the HELOC and refinance pr...
Darren S.
Seller did not turn over last month's rent at closing
HiI just closed on my first property, a duplex that I intend to move into, and it seems the sellers did not turn over all monies at closing. After closing I went to go speak with my new tenants to introduce myself, I ...
Mike Hibbs
Pre-Auction Bid - Auction.com
Does anyone have experience with a 'Pre-Auction bid' on Auction.com?
Recently I place a 'pre-auction bid' on a home that has an opening bid of $40k, and Auction opens May 18th. I bid once and received an immediate m...
Shawn C.
Solo 401k
Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
Brett Chien
typical flip process via HML?
Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...
Corban Kurz
Albuquerque - Dealing with Solar already on a property questions
Greetings All...I am curious if anyone has experience with Solar Contracts. The back story is that I have an off-market lead for a rental gone wrong that they want to sell quickly and easily. The mother (an older lady...
Matt Sora
Pre approval from lenders ??
Is it a bad idea to try and get pre approved by 2 lenders at the same time?
Matthew Joyner
Confused about the order of things...
Good morning BP, I'm sorry to bother with yet another green question but I am a little confused about the order of things as far as having the funds and making the offer. From what I can tell one needs to present the ...
David Holcombe
Flipping a Conventional Loan?
So.. I need to sell a house that we just purchased through conventional financing and I'm wondering how to find out what the fees/penalties will be for not holding it for a year. We're renovating the house now and wil...