Michael King
How do you back out of a deal?
Good morning everyone, I have two contracts that I've had approved by an attorney; an Offer to Purchase (with a section for subject to financing) and a Lease Option. Both forms contain exit clauses. The Offer to Pu...
Jason Curtis
Hello BP! I’m Jason, Ready To Continue My Real Estate Dream!
Greetings All,I'm excited to be here in BP Land!To start, I once worked for Geico as a claims agent. Through that employment, I met Warren Buffett on his visit to Tucson, AZ as Berkshire Hathaway owns Geico. I was abl...
Walter Correia
Big issues occurred after home purchase within a few weeks
My wife and I recently purchased a single family home. During the home inspection the inspector noticed that the furnace was constantly leaking(dripping)water. He also notice a wet spot under the oil tank; he said th...
Tuan Pham
Calling all seasoned investors - Deal or No Deal?!
Hey y'all,I'm currently analyzing a property that I'm not sure is a good deal or not or how to turn it into a good deal. I'd like to know how you would turn this property into a good deal with as much detail as possib...
Nick Ragland
How to best leverage HELOC??
Hi Everyone,I have a multi-family property , renting one unit and living in the other unit. I have a HELOC (50k) and want to leverage, but I'm not sure if I should use part of it as a down payment for another investme...
Navon Wallace
First Investment Club meeting
Hello,
I will be going to my first investor meeting this week and I want to create a list of goals I want to accomplish that night. Below you will find what I have so far:
Find a real estate agent that...
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...
Hunter Harms
Question regarding general contractors and the rehab process?
Made up example scenario: I just closed on an REO I intend to fix and flip and have had an inspector come through and give me his own SOW for the property. I want to hire a GC to pretty much manage the entirety of th...
Jeff Uhrmacher
Investor in Lincoln, NE
I'm an investor in Lincoln, NE that has access to off market deals and I'm looking for a variety of buyers to pass along these great deals.
Sonya Light
When should I start looking for properties
I don't know how soon I should look for property to buy, especially since I won't have the money to put down until 5 months from now. Should I apply for the loan or wait till I have the money to put down, to buy th...