So I’ve had this happen twice in a relatively short period of time and I’m a bit confused about it.The first time it stood out I went and looked at a property and I told the wholesaler I could only give X and they gui...
Ok, so I have been stewing on this for months. I have listened to all the podcasts, read all the books, go to reia's etc....... I'll probably do great on my first property.......then I buy a property for 200K that is ...
For a short sale property, can the buyer renegotiate the price with the bank AFTER the bank/lender has already accepted the offer? SituationThe property was clearly in very bad shape to begin with. Several offers wer...
Hey everyone, I have been doing some research into the leasehold (LH) market and I am falling short on some of the terminology and what it means. I also cant really seem to find any good resources to learn more. Hopef...
I know most REO's are sold as is. I"m trying to lineup an inspector and possibly a couple of contractors to get concrete numbers on repairs. I realize that things that should have been noticed through visual inspectio...
Hi BP,My name is Wu. New to BP and signed up for Pro membership couple months ago when I decide to buy my first property to house hack.I have gotten a four unit property built in 1902 under contract. It is two-duplexe...
Hi all. I have a couple of questions regarding rent-to-owner contracts. Assume the following scenario: the buyer and seller agree to a purchase price of, for example, $100,000. Prior to exercising the option to purcha...
Hi all,I've been a lurker on the forums for some time - I finally made the plunge and made an offer and I am under contract on a triplex in a coastal city in Florida! This is a very unique property, and I have some c...
About 11 years ago I purchased a NNN Ground Lease with a couple of friends. 6% CAP | Corp Backed National Tenant | 10% rent bumps every 5 years | High Income Zip CodeIt had a fresh 15 year NNN lease in place when we p...
I have a couple questions about assignments done in a wholesale deal. I have a deal under contract and plan on selling through an assignment and just want some clarification on a couple things.
1. How do you ...