Guy M.
Contract Assignment & Contract Obligation
Example contract verbiage:"This contract is assignable by Buyer without the written consent of Seller. Assignment does not relieve the parties from their obligations under this contract."What needs to change here? If ...
Marcos Carbi
How should I structure my deal with a hands-off equity investor?
Hey guys, I found an excellent off-market deal in an area I'm very experienced with. I made an extensive pro forma and the numbers work out really well, it's an incredible opportunity. Unfortunately, I don't have the ...
Jason Khoury
Purchasing Vacant Home from Non-Profit
Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
Ben M.
Cost for turning part of house into a bedroom
I am looking at a home that's 1244 sqft 2br/2.5bath. I am going to see if there might be an opportunity to turn some part of the house into a bedroom. What would usually be the ballpark cost? I know it won't be possib...
Quanell Frost
Looking for legal assistance
Hello BP community! I am looking for any feedback. My fiancé and I looking to purchase our first multi family property. We have found a property of interest , viewed it and placed in offer which was accepted ! We went...
Solomon Oh
Notice of Sale (Auction) vs Notice of Sale (Lis Pendens)
HI BP Land-I am trying to bring in consistent cashflow from wholesale deals and am starting to really focus on the distressed properties. I've come across two types of properties one being an auction -Notice of Sale &...
Joe Thein
Rent/Sublet property to LLC for liability protection
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...
N/A N/A
Pre-Foclosure?
Can someone define pre-forclosure to me, amd why this is better than forclosure. Where can i find information on pre-foclosures? Thanks
Michael Downs
Chicago, Cook County renting contract thoughts
Pretty much described it all in the description above. New to REI. First rental after a very nice rehab in Cook County outside of Chicago. I'm comfortable with screening renters but wondering if anyone out there in...
Nur Al Sharif
Financing within an LLC
Hi all,For those of you who have invested under the structure of an LLC, what type of loans do you typically search for? What have you had good or bad experiences with?I have read that it is very difficult/near imposs...