We submitted an offer on a quadraplex in NC and it was tentatively accepted. The sticking point right now is the due diligence fee. I'm not accustomed to such a fee and I'm uncomfortable with a non-refundable fee. Her...

I was in the process of talking to different folks to build my team prior to seriously considering a off-market 6 million deal in Fortworth/Arlington Texas area.
I called this tax attorney, who scared the heck out of...

I've done a lot of cut and pasting Edward Scissorhands-style of many posts on BP that address seller financing, but there are several differing opinions on the topic of whether or not it is necessary to use a mortgage...

I am looking to start investing in multifamily properties.  I have set up my proforma spreadsheet and I am pretty sure the calculations are correct.  When I evaluate properties what are all the expenses associated wit...

Hi guys,
Our current tenants have moved out and the new ones will be moving soon. This is a student rental that has carpets throughout and we wanted to steam clean the carpets. I was thinking it would make sense to in...

When I did my first deal I got my comps from online websites such as Trulia. Of course, that did not go so well and the price turned out to be very high. Now I have a realtor who pulls MLS comps on a wide range of pro...

All - there is some great information on here regarding utilizing a maximum overfunded whole life insurance policy to then take a loan out and invest in rental properties. One question I can't seem to answer or grasp ...

I have loaned ( alot) of money to rehabbers and people flipping houses in NY and NJ.A while back I decided to try to invest a very small amount with Patch of Land ( $5000). I was tempted to invest in additional loans ...

I am looking at some inexpensive condos in a lower-income area offered for $54,500. With lending being what it is these days, I am thinking of going in with a $20k down payment for a $34,500 mortgage. My spreadsheet...

I contacted a local landlord who is looking to sell his multiple properties by next year. He sent me list of his properties and there are about 9 that I like. All 9 properties are SFH, fully rented generating about $9...