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Hi all! I am working on my first deal going through a local wholesaler company. They sent me a few deals and I found one I like the numbers on, and they have everything set up for me. They have connects for a lender, ...
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I'm working on a first flip deal in Vermont. I have a single family residence under contract for well below the assessed value. I had applied at my local bank but was turned down because my ratios of debt to income ar...
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Pros and Cons with this type of financing for investment cash out refi
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Good evening investors. I have been trying to flip my first house for the past 12 months to no avail. :roll: The bottom line always seems to be that I cant come up with the EMD (I've been laid off from my day job and ...
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Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
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Hey everyone, I am buying my first 4-plex property in rent controlled Los Angeles. This is a probate sale with every strange twist you can imagine, however I have gotten to the point where my offer is in lead position...
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Hello,I recently saw a FSBO sign in the yard of a 4-plex. I looked up the sellers info and they live in the Chicago area and I am located in the Lexington, KY area. I am going to call them Monday and would like some a...
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The scenario is this....Purchased a condo in Manhattan in 2006, it served as our primary residence until October 2014.Since October 2014, we have been renting it out. Basic question is...at what point, if any, would t...
Hello bp community. I've Been reading the forums and listening to the podcasts for awhile now. But I could really use some advice.So I purchased my second rental two years ago, it was a Fannie Mae(homepath) property. ...
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A few weeks ago I purchased a SFH to use as my first rental. It had great pictures, and both agents and the inspector made it seem like a deal.
I flew out to see it and... It is not what I expected. The seller must...