Kisha Peterson
First private money deal
Should I use a real estate attorney to help with my private money deal? I don’t have a clue how the contract should be written etc. Thanks!
Ayo O.
Whose job is it to request judgment lien payoff
We are presently in the process of doing a refi on a SFH.The property has a lien placed as a result of a judgment.Title company has not make any effort in obtaining a payoff for the lien.My question is that am I wrong...
Yasmin Shakhshir
Newbie Deal Feedback - Arkansas Duplex
Hello BP!
Found a duplex in Centerton, Ar that is going to provide $488 cash flow/$244 per door with 20% down. The property is currently vacant. I have two questions:- Is it beneficial to invest in a vacant property?...
Brandon Spilove
Jumping into Baltimore with both feet (buy and hold)
I am just starting out and I've been obsessed researching Baltimore for the last 6 months. I was extremely anxious to get going starting my real estate empire that I bid on multiple properties at the same time, and go...
Zach Adams
Single Family BRRR Deal
Hi All,Today I toured my first property which was a 2 bed 1 bath foreclosure with a list price of $125k. The property is good structurally (sturdy foundation, good roof, but I will get it inspected), but the inside ne...
Robert Stamper
Mortgage Down Payment
Hi all,
I'm advising a young couple that is 1) buying their first home and 2) interested in building a real estate portfolio of SF rental homes. I know they can get a first time buyer mortgage at 3.5% via the FHA ...
Bruce L.
Request for Repairs on Short Sale
Hi guys!
So, I'm currently under contract for a Single Family Residence built in 1995 and my home inspector found a few problems.
- Garage Disposal needs to be replace.
- Water Heater is corroded, and should be repl...
Ben Bakhshi
How to cut costs on the exit?
We are looking at a couple deals where we will buy, fix, and sell a home to an investor who is a close friend of ours.
What is the cheapest way to transfer title to them?
One creative idea we had was that the propert...
Thomas Johnson
Advice Needed
Hello BP,
I'm a agent in DC, I have a scenario I need help with. I'm in the process of selling a house for my client and was asked on help for a second property that is located in Maryland, its an estate sel...
Jimmy Klein
Cap rate on retail strip with three units?
I need some help figuring out the appropriate cap rate on a three unit retail strip center. It is right next to a Walmart in a small town. It was built in 2013. None of the tenants are major retailers. They are ask...