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We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...
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Hi all.
Making my first step into the real estate world. Started an LLC with a best friend and putting a cash offer in on a bank owned property. Planning a flip of the property with 50k cash buyout + 40k estimate o...
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I just started to invest on real estate. I recently found a REO property for bid, which says "REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS of this property. Please DO NOT DIS...
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So I had a buyer and his financing allegedly fell through. Left me holding two vacant units I gave that I gave notice to and moved on before deal fell apart, now thanks to novice buyer I'm left holding the bag.I have ...
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The 2 basic reasons we buy real estate, according to conventional wisdom, are: 1.To protect buying power2.To increase buying powerHowever, it has been well documented that RE does not outpace inflation. Check out this...
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After 10 years in our current home we have simply outgrown it and are moving up. This is a perfect opportunity to "obtain" our first investment property and as such we intend to sell our current home with owner finan...
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So I own a rental property that is under my name (deed, mortgage, and insurance). I would like to deed the property to an LLC that I will create. After discussing with a few experts (my CPA, my mortgage rep, and an at...
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List some please Vs UMBRELLA POLICY
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Quick question BP'ers,
I'm spending lots of time analyzing properties these days, but I'm wondering where do I go to get the cap rate and vacancy rate on any given area? It isn't always given in a listing, along with...
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I just bought my first fixer upper to flip and now I’m trying to find a GC. I’ve been calling around to leads I’ve found. One asked me today how we planned to pay him. I always assumed a cost plus model but he said th...