Josh VanLandingham
Benefit to seller if buyer uses cash vs conventional financing?
Newbie question here...
From the sellers perspective what are the benefits of a buyer offering $100k cash vs $100k through a conventional mortgage lender?
The obvious one I understand of giving the seller the opti...
Jay Baxter
Birmingham B+, B and C
Hello Birmingham investors,I'm a newbie trying to learn my local areas better before I purchase my first investment property, and had questions for Birmingham investors, contractors, PMs and Realtors. I'd like to eve...
Tom Price
Builders backing out of new construction deals.
Anyone else having issues with builder's/turnkey providers issuing cost increase letters to the purchase contracts of new construction turn key properties.We have had 2 homes in Central Florida in escrow for over 4 mo...
Lisa Richards
Help on selling my log cabin home please
[b]Hi I have a log cabing home in Okeechobee florida. We are now on our secound contract with a buyer, we can not get the banks to approve a loan for anyone. The problem is the comps, they want another log cabin tha...
Samuel S.
Mobile Home Park Under Contract - Michigan
Hey BP Folks,Was hoping I could get some advice on the below MHP deal that I just got under contract. I have not started the core due diligence yet, but from the surface and analyzing the preliminary numbers I have r...
Shane Brown
New investor just looking for a few questions to be answered.
Hey guys,
I am a new investor from Vermont still trying to find my first deal. I am interested in buy and hold investing and found a property that might be a good deal if I can get the seller to drop down the price so...
Zachary R.
Relocation - Austin to Denver and should we sell the rental house
Hi,My first post here as a pro member, but looking forward to contributing and I wanted to get your thoughts on our unique scenario.About 3 years ago, I purchased a single family home in the central Austin corridor fo...
Katelyn Atcavage Robideaux
Transferring active STR to new owner
Hi BP fam,I am working on a few deals that are currently active air bnb + VRBO’s. I understand that the listings cannot be transferred to the new owner and that an entirely new listing must be created. In the past, we...
Jorge Espinosa
More rent vs. good tenant
So I have one income property only so I’m new to this. It’s a detached duplex so basically a mother in law suite. 1/1 with laundry unit, their own electric meter, water meter and tenant pays all utilities. I’m in brow...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...