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Hi everyone,
Can anyone address if the proper process to close on a wholesale is to:
1) have seller sign letter of intent (LOI) to get under contract. Does there need to be some sort of exchange of money here to make...
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A friend of mine is sitting on a lump of ~$1M+ and is interested in investing in Houston real estate. He's not looking to put much work, sweat or effort into the deal, so this is where I come in. Although he lacks exp...
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If you were to start out in a small owner occupy multi deal would it be beneficial for someone to partner with another investor? How would you structure the deal? How would the cashflow look (would there be any tax ...
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So I'm trying to figure out the best return from these two mortgage options. Option A is 15 years at 7.5% and Option B is 30 years at 8.0%. Assuming that your monthly cashflow can cover either option, which option lea...
Hey BP, whats your take on taking a personal loan for the down payment of the mortgage first property investment?
Is that possible, do such banks allow that?
Is it a bad idea?
Any feed back would be helpful, thanks...
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What are the restrictions of selling a short-sale back to the seller?
Can I sell it back to them in 2 years?
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I have a condo that had a fire and the insurance company only paid out the reminder of the current lease.I am unable to show, lease, or sell the unit while it is being repaired. Does anyone have any advice on how to c...
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Hello BPers. This is my first post. I have been looking tirelessly for good forums with some real life lessons on landlording/property management straight from the trenches, and this has been the best site I've foun...
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Did first flip in 2010, then switched areas to focus on a lower income county in the DC Metro area and did 3 flips in 2011.
Stayed in same area, got credit line with local bank, and did 8 flips in 2012. In O...
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So my parents are buying my first fixer upper for me all cash in there name.
We have created a contract that states i have to pay them back within two years via refi to get it out of their name and into mine.
W...