Account Closed
Add Someone to Title without Obtaining a New Loan
Not sure if this is possible: I am looking for ideas on how to legally add someone (or an LLC) to the title of a property without necessarily having to obtain a new loan.
The background: My partner currently owns a ...
Adam Davis
Wholesaling: flat fee or difference? What am I missing?
I'm a broker in Oregon and Washington, and I'm trying to wrap my head around wholesaling. Please point me in the right direction of a post that answers this, or chime in. These are the steps, as I understand them:1. I...
Michael McCollough
Use Equity to Buy Property
I have zero mortgage on my current home. I have an opportunity to buy another house and assume a 3.375% FHA loan. I’d need to borrow about 50% of the value of my current home to fund the remainder of the price of the ...
Danny Leyva
Does anyone have experience with ITI Direct Mail?
this post is not promoting them i'm legitimately an aspiring wholesaler considering using them. I'm finding it hard to find reviews of them online. I saw someone on here mention them and their prices are actually pre...
Cheryl J McGrath
Buying a duplex
Do I need a NDA?The seller wants proof of funds prior to signing a 30 day contract. If I'm doing a 30 day contract, that gives me time to find lender or do I need loan approval upfront.Thanks
Sreeni Guntupalli
Automatic Lease renewal
Hi:My tenant in Cumming, GA has been living in my townhome for the past two years. We renewed the lease last year for 12 months ending 3/31/2021. This lease has a provision that it is automatically renewed for 12 mont...
Ketan Parekh
Understanding Syndicate taxation
Hello! Fellow BPsOver the last 4 years besides real estate investments , I have done a few investments in syndicates. As per the schedule quarterly I do receive the distributions and at the year end I do get the K1 wh...
Sparkle Carlock
How to calculate net profits when analyzing a property
I know this may be a silly question, esp. since there are calculators that do could this for me..... BUT.. I don't have full access yet to them. So I'm curious... I would like to learn how to analyze a deal better of...
Clayton Smith
Return on Equity Calculator
Hi, I am looking for a calculator or formula. I am hoping to find a calculator that considers the delta of the monthly payment pre refi and post refi to determine what ROI I will need to get on the money pulled out t...
David Stone
Best Software for Calculating Comps/ARV?
Hi BP!What is the best software/website for calculating comps? What is everybody using? Currently, I have been using Zillow (setting listings to sold in last 6 mo, set the price range and zoom to include a certain n...