Andres Bernal
Proof of funds in a Connecticut deal
I found super slam dunk deal here in CT. I'm going to make a cash offer and I have an investor with the funds that I'm going to fund the project with. Since Ive bought all my rentals with conventional mortgage I'm a l...
Jay Yoo
Do married couples need to be screened and each pay a fee?
Hi All. I’m sure this post could be redundant but Do I need to run credit report for married couples and each pay a fee? Only one is working and will pay the rent. I would not accept a tenant with criminal background....
Ahmad Nassar
First Deal! 100k house found on MLS!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $104,500
Cash invested: $19,000
I'm 25, the wife is in med school and I work remotely as a Web developer. This is m...
Richard T.
What to invest with $20k for long term (at least 15yrs)
Hi all,
So I have about $20k on 529 for my 2 kids now. They’re 5 & 2 years old. I am not planning to put more money into 529 and want to use that $20k to buy something and forget about it until kids go to colle...
Christy Philippoff
Rental property process
Hi everyone!We have a house up for rent and this will be the first time we are renting a house without going directly through the military. What process do y’all use to handle applicants? For example: do y’all take t...
Nick Mazza
Making Offers (Not Purchase Agreements) Without a Realtor
I've been working on buying a few rental properties in my local area (smaller cities, < 50,000 people) and was wondering if it was possible to submit 'offers' to the sellers agents without a realtor. Most of the h...
Laden Brooks III
What is your dream contractor?
It’s no mystery that every investor has dealt with a bad contractor. Much like property managers and real estate agents, many investors feel that there is a shortage of people in those professions that are actually go...
Sardar Mustafa Khan
Increasing Earnest Money
Got a great deal on my hands but.... the sellers lawyer is saying to increase the Earnest money amount to $2,000, what should I say to bring it down? How should I respond? Any advice would be appreciated!
Zach Zabel
FHA, 203k loans and 401k investing.
Hey everyone! Its my first day here on BP. Super newbie. I have a few questions regarding FHA and 203k loans. First question is has anyone used their 401k to finance the down payment? If so any advice would be greatly...
Michael Gessner
earnest monies with offer ?????
so im about to put an offer on an reo, my agent is also the listing agent, any how this is my first time putting an offer in with her and she's asking me for a copy of a check made to my attorney for 5% earnest monies...