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Hi all,A little background since there is a lot going on here: -My parents recently bought a duplex and my grandparents are moving into one side as their house is too large for them to take care of at their age.-The p...
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We have found a 4-unit multi-family property built in 1984 listed at $499,000. Each unit is 2BR/1.5Bth and they currently have tenants in each, though one is moving out at the end of the month. Our thought is that we ...
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I'm working on getting funding for my first BRRRR. I found someone advertising on a local meetup in my area that said "I will fund your deal for 5%". I reached out to him and he says he is a private investor for Chart...
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I am a wholesaler , mostly worked the residential sector up to this point. I have an 11- Unit multi-family where I am looking to make a wholesale fee.
The property is bank owned and it is in receivership. The prope...
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Hey BP!I have a question: I bought my primary residence in September 2018, and needed to have my parents co-sign on the loan because I didn’t have 2 years of work history in my current industry.I had to switch mortgag...
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Hello,
First time poster, long time reader! I’m in negotiations on a home in Tennessee and found the home on my own and without an agent. As I am now in negotiations I offered, what I assumed, was a standard offer of...
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Hello everyone! I need help structuring a deal. I own a duplex and the lady next door to me owns a duplex property free and clear. Her dad passed away and left the house to her. She's getting older and currently l...
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I am currently looking at a property that I would like to acquire via lease option. My plan is to turn this into a rental for at least 5 years. I understand that the seller and I must agree upon a master-lease outlini...
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I'm getting into fix and flip here in the greater Denver area and have connected with several hard money lenders and wholesalers. Currently I have two paths open to me, I would welcome input! Currently I have $35k in ...
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Scenario:Single-family home purchased for 49K. Rehab: 25kIf we sell for 95k and want to 1031 exchange does the next property have to be more than selling price or does it simply have to be more than original purchase...