Michael Lerch
Contract Question: Paying backtaxes for seller
I have a motivated seller that owes around $10,000 in property taxes. I offered to pay the taxes + $13,000 for the home. I called the title agency and they said they can take care of this at closing.
Do I make the p...
Account Closed
Wholesaling - risk of not finding a buyer
Hey BP - I have been working on setting up my wholesaling business for the past several months now and I have a list(s) of sellers and cash buyers that I am about to start marketing to. Before I do so, I want to make ...
Don Konipol
In Real Estate, Is Cash Still King?
In Real Estate, Is Cash Still King?Or is so much cash readily available that having cash to make real property purchases no longer hold the cache it used to?I’m not talking about ability to get financing, or offers fo...
Account Closed
How much does hiring a title company cost?
Is hiring a title company necessary for my first deal? How much is hiring a title company?Do i hire a title company when i get a deal under contract or before or when i close the deal?Thanks.
Josh C.
How to move around private money?
If I am just starting out and have a private investor who is willing to loan me the cash needed for a flip, how do I get that money from his hands to closing? Is it customary to ask the partner to write me a check pe...
Ivan Casale
Questions to ask attorneys
So I’m looking to start my investing journey soon but I want to find a good attorney that deals with investors but just don’t know what to ask when I talk to one. I’m looking at buying and holding or fix and flipping ...
Jonathan S.
Refi Appraisal Problems
Hi All,Purchased a Duplex 2/2 for 160k a year ago; had to separate all utilities and upgrade oil to gas. Put in about 30k all said and done. Owner occupied.Rent is pulling in 1250 a month. Mortgage 1140. Nice deal. So...
Wendell Bennett
Newbie From Maple Shade, NJ
Hello BP!My Name is Wendell Bennett and I am new to real estate investing. I love everything real estate and I am interested in Wholesaling/Co-Wholesaling. I am also interested in learning about flipping and buy and ...
Kao Saeteurn
Bought a REO from Auction.com
I ended up being the high bidder on an auction.com property. Prior to bidding, I had a title company pull an investor search of the title and found that it was recently purchased for 290k by the bank at as a foreclosu...
EJ Hulse
New to investing a few questions about LLC and Loans
1. Ok as far as a LLC goes I live in Vegas can I get an LLC in another state and if so I can buy and sell in Vegas with that said LLC?
2. Here's My stats I make 34k per year I have 10k Liquid and a 760 credit score I...