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First id like to thank @Chris Mason because without his reply to one of my earlier posts asking for help structuring the deal. I would have never found of about "Gift Of Equity"This deal i purchased off my parents, we...
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I am trying to write a cash offer for a property... Heres the situation:The property currently has tenants, the owner has told the tenants that he is selling the property and they will have to move out.The tenants ask...
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Hi guys!
I'm relatively new to posting to BP although I've been following along for a few years reading articles, books, podcasts, etc. As a little background about me, I have been living and teaching in China for 6...
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One of the worst conditions we've bought properties in recently.
The seller’s sister reached out to us, desperate for help. The owner had been living in these conditions for a long time due to mental health issues.
...
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I recently had to dump a property in Chicago and to get the deal closed the investors carried a short term promissory note for $13k. Buyers made the first payment then defaulted in the second month. Part of the reaso...
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Hi everybody! What is everyone's favorite form of creative financing (seller finance, subto, etc..) ? Would love to hear how you got the deal going and how it ended up closing!! :)
Say I’m buying a deal from a wholesaler who wants to double close rather than assign. Am I going to be able to get a loan even though I’m not on the contract?
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Hey guys, I was curious if anyone has done a purchase or refinance on an STR in Broken Bow, OK, and if so, did the property appraise as rural or suburban?
thanks in advance!!!
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I'm sure I'm not the only one who has been getting beat out by cash offers on SFH's that need rehab. I don't have a PML in my pocket and have been using hard money. Even with hard money it has been taking 30-45 days...
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Hello everyone.
Thoughts on structuring this deal. What to look for? What to be aware of? Simplest way to put it together. Suggested steps to take or a great general outline from beginning to end. Advice from...