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Results (5054)
Leslie Gaines New Houston Wholesaler contract question
17 May 2018 | 6 replies

As a wholesaler with a signed TREC contract with the seller of a property, what prevents the potential buyer from going directly to the seller and offering a lower cash price?

Does the TREC contract contain language ...

Ben Vitale Two offers mutually contingent
30 March 2013 | 6 replies

I'm not sure this even makes sense so here goes.

Property for sale is a 57 acre parcel with a subdivision in place for 6 parcels. One of the parcels is an old farmhouse with 3 acres. We are interested in purchasing t...

Andrew Merritt Feedback on Cash Out Refinancing Terms
31 March 2022 | 22 replies

Hey All, I'm going through some cash-out refinancing on two of my duplexes and wanted to get some feedback on the terms.  I'm working with a DSCR lender if that makes a difference.  I started the process about two mon...

Jacqueline Ho LLC loan interest rates over the last 5 years and refinancing
4 April 2024 | 19 replies

Hi everyone! I am trying to understanding the history of interest rates for an LLC loan. My partner and I are in the middle of purchasing a duplex in the Philadelphia area. We are taking a loan out on the LLC with one...

Tim Rainey 28 Unit deal with 8 delinquents, Covid Eviction moratorium?
10 March 2021 | 16 replies

I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...

Michael Plaks EXPLAINED: IRS audit "insurance" - no more fear of an audit?
4 November 2023 | 2 replies

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Isaac Passmore House Hacking and Paying Extra
30 January 2020 | 14 replies

Is there any penalty for paying down a mortgage early? I'm trying to get started in DC and the down payments needed for a conventional loan is 20% however, for a standard duplex that's in the 140k-300k range. I'm not ...

Dennis Hertzler Self-Directed IRA question
25 October 2015 | 15 replies

Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...

Richard Warren Does Your Word Mean Anything?
4 May 2010 | 5 replies

I was raised to believe that the most valuable asset in business, and in life, is integrity. Your word is supposed to mean something and personal ethics are paramount.

This week my article on the BiggerPockets Blog w...

Aric Adams Tenant wants to add insulation
10 May 2022 | 14 replies

In Atlanta GA...Tenant complained that the heating units in the property were not working properly. I sent a tech out to check on the heating units work fine. The tenant claims that the tech mentions  that the propert...