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I have an offer in with a wholesaler on a property he already has under contract (short sale), and the bank has a BPO. The wholesaler said if we come to an agreement and sign a contract, he will need a non-refundable ...
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Hi, I'm a relatively new real estate investor. I'm interested in a property that I would purchase for $35,000 with a rehab budget of $30,000. The house should sell for $140,000. I have the cash on hand to fund $40k...
Will try not to waste people’s time with unnecessary details. Basically, I am embarking on a project where I am entitled to 50% of the property, and I am needing to use hard money to borrow fix-up costs to get the pro...
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Hey guys. I'm a rookie investor/agent mostly interested in multifamily for cash flow. I came across this 20 unit portfolio on my local MLS, and reached out to the listing agent. They said they would be willing to do s...
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Is there some special consideration you give this? I looked at an REO today with Extreme mold. I mean I've never seen anything like it. Supposedly the pipes burst, to me it looks like someone turned the water on and w...
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Hello Friends,
I am pretty much starting out my journey in real estate investing and hence posting this question:- Does getting a real estate license, passing the exam and becoming a realtor provide any sort of edge ...
Does any BP member has professional experience dealing with large scale land subdivision projects? I found very little information about that subject on the forum.I've ran a few successful subdivision projects back in...
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Im a newbie but work with me I’m putting things in action! I just sent my first 600 direct mails on Monday and have gotten a few calls already... I have a question regarding how to negotiate with a seller once you’ve ...
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I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...
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we are currently discussing purchasing an existing LLC that has had an offer accepted on a REO.
we need to purchase the LLC because the contract is not assignable to my IRA.
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