Jonathan Liu
Wholesaling or "Flipping" Rent Controlled LA Duplex
Hello BP Community,I was looking to get started in wholesaling, and was talking to a close friend who is a Realtor to help me with my business plan. As we were discussing, she told me about her client who was fed up b...
Carol Kohn
First time investor about to close on duplex deal in DFW area
Hello,I am about to close on a deal on a 2005 8br/4ba (4/2 on each side) duplex that I was hoping to get analyzed as this is my very first investor purchase. Purchase Info ...
Dan NA
First and Second Position Mortgage Companies Goto Court
Hi all,
I wanted to get some clarity on the first and second mortgage holders on a property I have been keeping an eye on recently.
The first position mortgage company has sued and gotten the property back via court...
C Niman
Do I need a title search for property bought at estate auction?
I just bought a property at an estate auction. The Agreement of Sale reads: "Title shall be good and marketable, and free and clear of all liens and encumbrances, except such utility and access right of-ways as may...
Tim Carabine
First investment property
So I thought I was ready to start looking for my first income property. I'm looking to get into a multi family, 2 or 3 unit. I currently have a single family as my main residence with a conventional loan, and have abo...
Nancy Wang
Best way to let contractor access funds to buy supplies
Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Adam Butt
Would you buy a property without viewing in-person?
As quoted by some of the great titans throughout history, time is the most valuable asset that people possess. Time spent on viewing and maintaining a property can be leveraged towards finding your next deal and build...
Mike Watkins
Assigning a deal with over 20k assignment
me and my partner are about the lack of a deal where we could potentially make more than $20,000. I brought up that we could get transactional funding and double close on it to the end by or do they not see how much w...
Malik R.
VA Owned REO contract and foreclosure issues
We made an offer with $2K earnest money using the regular real estate offer forms on a REO property in California that is owned by VA. The offer was accepted but we were told VA does not accept the regular forms and h...
Dustin Espinoza
How to properly analyze a multifamily property 5+ units
Hi BP,
I am currently attempting to analyze a 10 unit multifamily property and I would like to request for the information necessary the first time around. So far this is what I have:
1. Property price = $625,000
2...