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Hi BP!I hope all is going well for everyone. I came across a situation and thought I'd use my favorite source for direction:The owner of the house passed away over 15 years ago and name was on title/mortgage. The su...
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I'm working with a seller on FCI Exchange who has not recorded his assignment and says: "We don't record our position until it is under contract. FCI can record our assignment at time of close." This does not seem ...
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Hello everyone, this is my first post on BP. I have been using the advise of this community for sometime now. Here is my situation. I just recently purchased 2 properties to fix and flip. I used the same lender on...
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Is it brings additional stress and heartache to homeowners ?
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Hello BP fam,Need some advice. Purchased a 3 fam in Jan 2024 built in 2016 in an appreciating expensive market across the Hudson River from Manhattan NY. 2 units were vacant on acquisition and completed rehab in July,...
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First, let's define what this is:A capital call (aka cash call) is the process when the general partner(s) attempts to collect additional funds from their investors to supplement the financing for a real estate projec...
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Hello!Looking for some insight on this unique situation - I tried to search for answers online and completely struck out. There are tons of responses for what to do when the appraisal comes back with a LOWER square fo...
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I'm new to the buying of small business. I am dealing with one now where I was told the books aren't completely accurate. What should my plan of action be from this point on. I don't want to get caught up in anything ...
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I'm a newbie (senior in high school) but I know the day I turn 18 real estate is my path to wealth and financial freedom. Specifically I would like to get into small multifamily properties and possibly brrrr-ing them ...
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Hi everyone. I'll be managing a 2 bed, 1 bath 800 sq ft STR for a real estate investor in Elon, NC once the flip is complete at the end of the November. I'm having a hard time finding a reliable cleaner in the area. S...