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I just wanted to share in my excitement on another wholesale deal closed with my bigger pockets family. I recently closed on a wholesale transaction all by my lonesome. The reason I'm extremely excited about this dea...
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Hi everyone!
I have made my first foray into real estate investment this week, and subsequently I have many random posts flying around the forum, so I'm going to post this several different places...
Basically the s...
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Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
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This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...
When you read section 1031 it is very clear that personal property is not included in this type of exchange. Homeowners that qualify though can take the section 121 exchange.
There are circumstances though that a 10...
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I'm looking at a npn of a property located in a gated community with HOA. The title is currently under a company that purchased the HOA lien through auction a little over a year ago.
If I wanted to offer a qu...
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Good evening everyone, I spoke with my broker this week about getting into wholesaling. While she wasn’t 100% for it, she didn’t say I can’t do it. Her issue is that she thinks I will be taking on a lot of risk. I per...
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Hello BP,My name is Ryan and I’m a new investor from San Angelo, Texas. After listening to the audiobook “Hold” and reading BP non-stop for about 2 months, I finally dove into the investment game head first and I lov...
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Hey everyone,Can I hold a note for the balance of a lease option fee? And how would I go about doing it? For example: I have a seller that is willing to lease option their property, I find the lease option buyer and a...
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A tenant who has just moved into a property I was using once a week for 2-3 days at a time had told me last week that they had a problem with the fridge. The wife told me she had cleaned under and it looked like it wa...