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First small multi-family hack
Hey guys, I'm looking to buy my second house hack, and my first small multi-family property in Logan Utah. I'm working with a conventional lender who will apply the income of any renters currently in the property at t...
Dylan Brown
Can I buy a preforeclosure that has a pending auction date?
I'm looking to purchase preforeclosures via "Subject To" agreements but many of the properties I've been coming across already have a pending auction date set. Is it possible to still purchase the property before the ...
Zoë Funk
Questions to ask when interviewing legal advisors
I've created my short term goal list as I amp up to purchase my first investment property this year. One of those steps is to find a legal advisor to assist me with the different types of contracts that will be necess...
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"Buyers Agent" Interview, Please Critique.....
Hello,
I need some input on "buyers" representation I interviewed today.
This guy was referred by the www.naeba.org
I checked him/his company out on the BBB.org & did not see any negativity.
I'm looking at a pr...
Angie Brown
Finding a REagent on board with buying a property without see it.
Just got off the phone with a potential REagent. We have been talking for about a week, her paper work to have me work with her exclusively just arrived today. She is displaying some reluctancy on putting in offers ...
Jon Schwartz
Assignment of leases and rents to the bank? What's this??
Hi all,I'm considering a fourplex in a secondary market, and while researching the property on the county website, I found an assignment of leases and rents to the bank. I'll go into more detail below, but I'm trying ...
Jonathan C.
How to JV with owner to rehab/flip the property?
Hi Fellow BP members,There is this property for sale (4000sqft on a 0.6acre lot) that the owner (an elderly woman) inherited free and clear. It needs a lot of work to be done - probably a 100-150k rehab work which she...
Eric Mauricio
Contract for Deed for a Commercial Property
Ok. Let me apologize for my ignorance first since I'm still crawling as a noob. So, there's this commercial property for sale that the owner has owned since the early 90s and he stated he will carry a contract for dee...
Jacob Voncannon
Structuring an operating agreement that is fair
Since this is a similar question I thought I'd ask it here given the sweat equity part. This is my scenario:If I was working with an out of state buyer as a partner to purchase multiple single family homes as rentals....
Drew McKinney
Private funds/reporting
Hello all,When one receives private funds from say two different parties 50k each to buy a 100k property for example. Friends and family will say are the investors. Does this need reported or claimed anywhere for th...