Andrew DeWeerd
Expectations when buying from wholesaler
Hey BP!I’ve got a friend who just started wholesaling and got a off market deal under contract that’s also a great deal for me to be a BRRRR or flip home run. It’s his first wholesale deal as well as my first time bu...
Shehryar Iqbal
How do you know if a seller is in pre-forclosure? Seller finance
Hey Everyone! I am looking to find people who are facing foreclosure and have a little mortgage left or owe back taxes and may be in pre-foreclosure due to that, and possibly buy their house with seller financing. I k...
Domenick Cava
Out of state investing and business write offs?
Hey everyone. I am looking for some CPA, legal, or experienced advice on business write offs when investing out of state. I am currently looking at out of state investing and would like to parlay that opportunity to...
Meg Roman
Wholesale contract example? Seller and Assignee only
Hi - I'm looking for clarification on wholesale contracts. Each contract example that I've seen has three parties: Seller, Assignee and Buyer. If I understand the process correctly, I, as the Assignee, will first ente...
Andrew Merritt
Quitclaim to LLC, Due on Sale Clause Triggered
Hello, I have four properties and 10 units. All were purchased in my name. My accountant advised me to set up an LLC for them, so I did. I contacted my lenders to see if it would cause the due on sale clause to be ...
Account Closed
Note investing with little to no experience.
An agent shows me a deal. I buy the note for a multi family for 18 months. I attract all income with the current tenants already established in the property. Is this a good deal for a first time buyer?
Tom Reynolds
Rehab then mortgage
We are purchasing a foreclosure (single family property) with plans to renovate and hold as a rental. This will be a cash deal. My question is, once the project is completed what are the options for obtaining financi...
David Acra
Building a relationship with a lender
Good day BP!
I'm am starting to build my work team and wanted to see what success folks have had with establishing credibility with a lender. I have capital to back up my investment but know that is not enough. Since...
Chris Barrett
Contractor Communication Issues
Greetings,Sorry in advance for the long post but I felt that the information was pertinent. I am an investor working on my second renovation. First one went great except for timing of completion and finishing touc...
Benjamin Vasquez
Should i buy a home or investment property firts?
hello, my name is benjamin and I am 22 years old.Ive always wanted to get started in real state, and I’ve been saving for an investment property and get started.The problem for me comes now when my family wants to buy...