Recently I came across an opportunity to buy a vacant lot in Jersey City. Yesterday a day before the best and final our realtor informed us that the seller found out from the JCRA that they are not "designated develop...

Pros / cons?

I recently purchased a duplex. One unit was vacant, one unit has an existing tenant. I've already put the existing tenant into a new lease so that is not the issue. The issue I have is with the former lease. I was und...

Just had my purchase offer accepted today. What documents should I obtain from the previous seller, aside from security deposit, and previous lease? Any tips for closing process to cut costs etc? Want to do it right t...

There was a goof up with the first EMD check and it was returned by the bank on a purchase. As soon as we recognized it we called and said we would bring a cashiers check to replace it or they could just put it throug...

Hi,My thoughts here are that the deed is what matters most...but I'm not sure.The seller is on the mortgage with several other names of the same last name (family) when originally purchased property in 2009.However, w...

Sharing some info from two sources this weekRegarding states looking to strengthen seller financing licensing requirements and court decisions for those not licensed:First from Facebook group school of sharks:Hey guys...

whats up BPer's happy 4th of july!! So im a buy and hold investor from philadelphia. I primarily invest in lower income sec 8  row homes and I have used the BRRR(buy,rehab,refi,repeat) method so far with the help of a...

Hi Everyone,

I need help identifying a strategy for a deal I'm trying to pin down. I have a motivated seller with a 4 family. They have just a handful of years left on a 15 year mortgage, I don't know the exact ...

I have a scenario for a potential purchase. Basically the guy bought his house a longggg time ago for $20k and wants to sell, and we agree on a $450k sales price. Is there a way to pay him $270k "on paper" so he doesn...