Corey M.
Appraisal makes no sense
I did a cash out refi on my primary residence about 7 months ago. My townhouse was appraised at $462/sq ft for 1406 sq ft. At the time, there was a recent sale in the building for a 1,539 sq/ft townhouse at $383/sq f...
Nate Bell
Subdividing Property and Starting New Construction While Rented
I have a property in a rural area that is currently rented to a young couple. It is 1 acre, and I intend to subdivide the property, leaving about .6 acre with the current house and creating a new .4 acre parcel next t...
Obdia Whitmore
strange rejected offer
Hello fellow investors! I need someone to help me understand why would someone reject a offer strictly because it was hard money? I placed an offer on a duplex and the seller responded "your offer was rejected because...
Tristan Thomas
How much should I offer in for a option fee?
Hello BP!
I'm currently in the process of trying to negotiate a potential lease option agreement for a 4 unit in my local market. What do you guys think I should offer for the option fee? The term will be 30 months. ...
Margarida DaSilva
I’m a newbie flipper
I’m new in this industry. Where do I look or contact for hard money? I can do the construction myself. I don’t know how to start.
Tracey Lewis
How Do I Negotiate on Behalf of Family Friends Willing to Lose Property via Short Sale?
BP Community,This is my first forum post here and I'm also a new investor. I just became aware of a situation where a family friend and her mother have offered to short sale their home with no regard to loss of their ...
Zach Schaar
Option Contracts For Cash Deals
Hey everyone,
Just wondering if any of you guys n gals wholesaling are still using option to buy contracts (not lease option) for your wholesale deals, specifically in Columbus, OH.
I know at a certain ...
Cal C.
Horrible grammar in a listing
One of the things I've noticed over the years of looking for houses is how little attention some RE agents pay when writing up listings. Its obvious they write it quickly and never double check it. When RE investors...
Hattie Dizmond
Advice for newbies
You know, I really hate to have to start off a post with a disclaimer that I'm not trying to offend anyone, but I'm really not trying to offend anyone. However...If you want to be taken seriously and treated like a p...
Samantha M.
Contracts 101: Effective Date of the Contract
Have a question regarding the effective date of the contract. For instance, lets say I wrote up a contract yesterday, Thursday July 19th 2012.
The last party to sign the contract is today, Friday July 20th 2012. Tha...