Scott Schaecher
Structuring conventional financing with a 50/50 business partner?
Hey BP community! Question regarding conventional financing when a business partner is involved. I have several SF's, and my brother does as well. We are looking to partner together on some 2-4 multi-family units, but...
John Podpora
Subject To opportunity
Need some advice about whether I should proceed with a deal that would by my first Sub to. Property: 3br 1 ba 1050sf in Portland OR valued at ~$260k.Loan: principal balance ~$199k @4% with PITI= $983 per month.Amount ...
Harry Asnien
Have Signed Raw Land Contract, Now What?
I've just got my first signed contract back on a piece of raw land/vacant land that I am planning to flip and I am super excited! However, now I need to figure out what due diligence to do prior to closing. I have alr...
Jason Bilbrey
Steps to buy direct from seller?
Seeking guidance... I’ve always purchased through the MLS but I’ve found an owner who will sell directly. I’ve listened to hundreds of hours of podcasts and read a ton of articles but most seem to gloss over the detai...
Jason M.
Auction.com HELP! I won the bid but now having second thoughts
About a week ago I was the winning (and probably only bidder) on a town home that I thought was a good deal and would make a good flip or buy and hold. The property was being sold subject to the redemption period and...
Account Closed
Closing via Quit claim deed? 5,000 deal in Chicago?
Hello everyone, I received a call from a motivated seller for a property he wants to sell in the southside of Chicago. He said he would take 5,000 for a 4bd/2BA property (which I just found out is a 2BD/1BA). He said ...
Liran Koren
What should a tenant do before moving in?
Moving a new tenant into your property can be stressful for both the tenant and the landlord. Having a checklist of items that should be addressed before a tenant arrives can help make the transition easier and ensure...
Aida Hofmann
Investment Condo
Hello BP community!I bought a condo in 1999, lived there until 2015 QCD the title to my company' name in the same year and rented it out, the rent is $1,250.00 the mortgage payment with taxes,insurance, and associatio...
Bienes Raices
Insurance for 2 properties owned in the same LLC
If I own two rental properties in the same LLC, and the liability limit of the policy is, for example $500,000, does each property get it's own separate liability limit of $500,000, or is the $500,000 the max for the ...
Charlie Beis
Help me analyze this deal
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