Ben Kevan
Anxiety of First Rental
I'm new to REI, and have gotten into contract on my first property.
I have ran numbers, and numbers and numbers again, and feel that the deal is solid. I've networked with many processionals (bankers, realtors, inves...
Barb F.
REO / low appraisal / house hack / first-time buyer
Hey BP family, long post for a newbie with the highest offer on an REO. I could use some outside eyes to help me see if I'm assessing my situation correctly.I've been casually browsing the market in my expensive Virgi...
Emily Fraser
Insurance policy cancelled due to exterior paint
I am a newbie and just made my first purchase of a triplex two months ago. I was surprised to receive a cancellation notice of my insurance policy after they inspected the exterior of the property. They said that 15% ...
Marshae H.
Closing Process
Newbie here, trying to get this closing process down. Where do you meet to do a closing, is it at the title agency, a courthouse that all 3 parties meet? What exactly do the title person do at the closing? What exactl...
Jerry W.
MY 2013 AND 2014 GOALS AND WHAT I ACCOMPLISHED. NOW TELL ME HOW YOU DID!
In reviewing my posted goals for 2013 and 2014 I have the following results.2013 My goal was to buy a fix and flip and add 1-3 cash flowing rentals. I bought a fix and flip in a nearby town that needed a lot of work....
Armand Farr
Ordering a home inspection and closing process in wholesaling
Hey guys,I'm gearing up for my first wholesale and I've been trying to understand the home inspection/closing process. A few questions:1. Would the buyer order the home inspection to ensure that there are no major str...
Michael Stole
Bid on my first HUD property
I will place my first bid on a HUD property. What can you think of to increase the chance of acceptance? Cash close? close early? No contingency? Any thoughts are appreciated, but just don't tell me to increase the pr...
Adem Karaduz
Listing Property prior to closing
Hello Everyone,I am closing on my first property in 5 days. The property will not need much work, other than a fresh coat of paint. The seller and I have a close relationship so they have given me the keys prior to th...
Chris Hodge
Closing cost with seller question
Hi I'm about to get a property under contract for $155k. Now I'm looking to do a double close. My contract that I had my lawyer draft says that buyer pays for a all closing cost but does that also mean their selle...
Joseph Harr
Agreed upon repairs not made by closing date
I was wondering if anyone has been in a similar situation. Supposed to close on the house on Friday. Had the reinspect on Tuesday. Most of the agreed upon repairs were not made. The water heater had water pouring out ...