Stephen Warnock
Financing a Foreclosure
I've been given several different answers from friends and acquaintances in regards to purchasing a foreclosed home at Auction. I have heard both, that you need all cash to be able to bid on properties in foreclosure...
Mike Green
EMD
Is there any way to include emd into the contract without giving it up front?
Rashad S.
Does Anyone Have A Sample Operating Agreement I Can Copy From?
I'm in the process of trying to flip a house and my lender is requiring me to purchase the house using an LLC and I need to provide an Operating Agreement ASAP. There's only 2 people in the LLC. Does anyone have an...
Mark Neiger
Negotiating with wholesalers
I'm new to flipping and was wondering what the etiquette is on negotiating a price with a wholesaler. Is it normal to give them their asking price if the deal works or should I make them lower offers similar to when b...
Nick Hines
In desperate need of some unbiased input on multi-unit property
Hi there,
I finally decided to make a profile and join; been lurking in the shadows for too long.
Here is my problem (it's a great problem, but still one I need to make the right decision on):
I bought a five unit...
Emillio Henry
Do you need to purchase insurance for flips?
I hired an attorney for a house I’m flipping and he asked me if I have insurance for the property. This caught me by surprise, being a first time flipper I wasn’t aware I needed any sort of insurance for a property I ...
Aubrey Page
New Members in Cincinnati, OH
My husband and I just bought a property last week in the North Avondale area. It is a quadplex in a low-income area. We have met several neighbors who have been very welcoming. We are excited to become a bigger par...
Ross Denman
New to BP in Indianapolis, IN
Hello! My name is Robert Ross Denman. I typically go by "Ross", but my office calls me Robert (we actually have another Ross there, so it's less confusing. If we talk on the phone I may answer as Robert or Ross.) I am...
Mario F.
1800remodel.com - is this a legit government renovation loan?
Hello, I just received a call from a 1800remodel.com rep about a government loan program they offer to homeowners like myself in certain areas who are looking to renovate. I purchased my first fourplex in Inglewood C...
Brandon Morgan
fixer upper 203k
HI all, I am a first time investor looking to buy a Multi family. What are your opinions on the FHA 203k?My real estate agent recommended it to me since we have been looking at fixer uppers and the regular FHA may not...