I am in the process of buying a 3 family home with tenants in each of the units. I have financed this through FHA, so it needs to be owner occupied. My plan when buying was to "figure out" each tenant as much as I cou...
So I'm completely at a stand still in the investing world and have been for some time.. Keep finding deals and unable to obtain financing. Ive researched hours upon hours for such loan sources, one thing I keep coming...
Hello BP is been a long time since I was last on the site, but I was working on my NYS RE course. I have just finished my final exam and have scheduled my state exam, and am confused about how I should get started int...
Hello BPeeps. There is a company in my area that's run by a couple of guys who offer a year long "paid mentorship" on house flipping. I'm a realtor and have done the equivalent of a flip but on 2 different houses a...
I've been searching for an RE agent to make an offer on my first investment property. I found a great agent that says he works with investors exclusively. After talking on the phone once, we meet at a 4plex I picke...
In my contracts in says sellers exclusive remedy if buyer fails to perform is to keep earnest money.
However, if I back out due to my financing clause I still get to keep my earnest money correct?
My main point is ...
Hey BP,So I got a lead today on a multi family deal I need some help with. Its a huge mansion in an A class neighborhood that was converted into a 5 unit apartment. Each unit is occupied and currently rents for $120...
After years of analysis paralysis I have finally decided to stop thinking of excuses to get started, and finally get started. Today.I talked to 4 banks today for mortgage approval, while in the process of setting up a...
I am working with an extremely motivated owner. I do not have her under contract, but very close. The reason for this post is that the house is scheduled to be demolished. I am working with the county inspector as wel...
Is a cash buyer only someone who has liquid cash? Is hard money or private funding considered a cash buyer? What is actually considered a cash buyer?In my very limited experience, it seems that cash buyers are more ...