Bob Willis
inspection shows totaled roof
Hey All,I bought a small triplex in September 2020. Now because of personal circumstances I am selling.I just accepted an offer. The buyers had an inspection done and are claiming roof needs to be replaced because of ...
Chris Simmons
Gut feeling or empathy after reviewing all docs - ID Theft???
I just back from showing a rental in a nice, older part of Tulsa. The lady that saw the property is older, does not come off as the brightest individual, mainly because I think her ex husband handled most matters for...
Ian Evatt
New Guy from Chattanooga, TN
Hi all, I've been lurking for a couple months and thought I would reach out for some advice about a good deal on a mess of a house. I went to post my question and got a suggestion to introduce myself first so here goe...
Corey Owen
Adviced Needed on Proof of funds from a private money lender
Hello BP Community! Once again I am in need of some advice. We have private investor that wants to back us on our next rehab project. Is there a way to show the investor's proof of funds on our behalf when submittin...
Alfredo Diaz
Can i decline an applicant due to the number to occupants?
Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...
Kelsey VanSleen
Flipping with Seller Financing?
New to RE investing and learning about different financing options to fuel my flipping business. How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to fli...
Anthony Pimentel
Advice on my first rental
I'm trying to get a deal together for a 4 plex. The list price is 190K but the buyer will not go less than $185K. I've ran the numbers at 185K w/ 20% down. I think this is a good deal but would like to get your inp...
Paul Simpson
What is the best strategy (if any)?
Motivated SellerWants to sell house for $75KHe also wants to finance if possible at 10%, 10 years, with a balloon payment.He has done repairs, the house would only need cosmetic work and kitchen appliancesInspection i...
N/A N/A
30-35% discount with REO's?
How realistic is it for a bank to sell a property for a 30-35% discount when the buyer offers cash and a very quick close?
Jenny Keffer
Tenant Screening
Question about screening a tenant. I'm definitely not well versed in this-one property, this will be our 3rd tenant. Potential Tenant has clean criminal background, credit not so great (560)Recently divorced, single m...