I am puzzled. Seems to me that a PA would be essential at the beginning of the lease option term. Without it, a TB or seller could waltz out of the agreement and rightfully demand that all of their monies be return...

Rewiring most of a house I'm flipping due to it containing knob & tube. Taking down a load-bearing wall and redoing some of the ceiling on the first floor. The house was built in 1930. Fire code states if a house ...

Do You 1099 Your Vendors?

I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to ...

Hello BP Community,I am looking to do my first property flip, but am needing to get a little creative on the financing side due to minimal cash on hand. Although my liquidity is limited, I do have a decent amount of c...

Hi BP,I have question regarding cashflow and if all investors REALLY require it from Day 1. Here's the background:I'm taking a course at UCLA taught by Jon Swire, the author of There's No Free Lunch in Real Estate, an...

so I'm trying to understand the different types of refinancing and what would be best in my position. Here's the lowdown: I bought a 4 unit for 500k as owner occupied FHA 3.5% down and my current principal is 480k. As...

Hello! I am new here and sort of stumbled upon the site while trying to answer some specific questions and brainstorm my way (somewhat blindly) into my goals, and I see now theres so much more info here that I'm going...

Hi all,I am going to start investing in rental properties from this fall/winter 2023.I have a full-time job and will keep it so my strategy will be as passive as possible, such as buy-and-hold.with 7.5% mortgage and m...

Hi all - I see forum posts referencing JVs frequently as a good place to start for new note investors. My question is this - At what point is it "worth it" for veteran note investors to JV with a newbie? How much of t...