I am a tiny bit confused about what amount is due at the closing of a deal...Example: purchasing a multifamily for $350k. Is the full purchase price due upfront? or just a down payment and the rest gets paid in insta...
I will be closing on a 5 unit in the next couple weeks. I have been waiting a year for this due to the owner being overseas. Cost of the building was 73k. There is private financing for this at 52k for 5 year balloon ...
Hello everyone! I am currently under contract and seeking some guidance on repairs that need to be made on a home I'm buy. So there's two types of repairs that need to be done repairs to close and plumbing repairs tha...
Good evening to all ,Seeking inspiration from fellow investors.My wife and I were suppose to close Thursday got pushed back to Friday and now we hope for the best on Monday , our lender got our closing disclosure sent...
For those who've invested with REI Nation/Memphis Invest, I'm wondering how you calculate closing costs into ROI. On their pro formas, they don't appear to take them into account. If they can be upwards of $6k, does...
Hello,Preface: I own a duplex in which one half is currently rented on a long-term lease, and I live in the other half. I am actively looking to purchase a second property to live in, and renting out the full duplex. ...
Hello BP community -- I am so thankful you are here! Quick question: I just did my FINAL walk-through before closing escrow. There were some minor items but two significant ones: a gas leak near the front door of the...
How long does the buyer have to come up with funds in the A-B transaction, and what happens if the funds are not there by that time?
How long do you place a property under contract while shopping it to buyers? I would say 30 days, but I'm curious as to how long other wholesalers hold properties for.
Me and my fiance are traveling to Fort Lauderdale on the 16th - 26th of September this fall to meet up with fellow investors, realtors and property managers in the Plantation and Sunrise area.We're looking for a condo...