Joseph Ayala
What does this mean on a “contract to purchase real estate”
I’m not clear on what this means on a “Contract to purchase real estate “ can someone explain this to me .“Buyer obtaining real estate mortgage for no less than ______ payable over ______ years with interest not to ex...
Christina Williams
Offering a price on a wholesale property
Hello BP!I have a property value is $226,477. The owner is old and her daughter is basically taking care of her. The daughter wants to sell the property. Because I am a wholesaler I would only offer her about $100,00...
Kevin Cullen
Do you provide a list/doc of design choices to your contractor for a rehab project?
Hi there! My first full rehab project is underway on a unit in a duplex and I'd love to hear from the BP community about how y'all typically handle communication of your design choices to you contractor.I am currently...
Robert Martin
HOA Forced foreclosure
I have a property being sold at the courthouse steps tomorrow morning, foreclosure has been on hold by the first mortgage holder PHH Mortgage, but the HOA managed to get it to sale. I have a couple of questions, the ...
Ludwig Taveras
New to this ( No experience at all)
Hi good afternoon All,My name is Ludwig, I’m 26 years old, have no experience at all. For the past year I have been thinking and liking the idea of getting into the real state world because I have been working since I...
Virnisha Pastore
Mastering the BRRRR Investment Strategy: A Comprehensive Guide
Are you looking to maximize your real estate investments and build a robust portfolio? The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy might just be the game-changer you've been searching for. This powerful a...
Jonathan Cook
Dangers in finding the right PM
Why do so many people find Property Managers so unappealing? Why do investors cringe at the thought of hiring a professional PM? Reputation? Bad experiences? Fees? In my experience its a combination of all 3 then addi...
Mitch Kronowit
Mixing Passive and non-Passive income?
I already have an e-mail into my attorney/CPA with this question (so don't bother telling me to check with one), but while he's answering the 80 or so e-mails before mine, I thought I'd post this question here to get ...
Brad T.
Pennsylvania Wholesalers - How do you handle transfer taxes?
I tried searching BP for this answer but haven't figured it out yet. If you're wholesaling a deal in Pennsylvania, where you must pay a 2% transfer tax, how do you structure this in your deal/agreement? I can't imagin...
Jason Hitchcox
Bank of America addendums
Has anyone else dealt with these BofA addendums when purchasing a REO from BofA?
We've been counter-offering back and forth for almost 2 weeks and finally have agreement, but before the deal formally goes under contr...