Gooood mornin’ BP!
I have heard on several podcasts about the concept of “retrading” (the term for going back to the seller after you are under contract and asking for credits, concessions, etc.) and how it cou...
Hey BP,I am trying to completely understand how the lease option works. Hypothetical situation :Seller owes 50k on a house, ARV is 110k. I come in an offer a lease option and they accept. Terms of the deal are 5 ye...
When someone engages in a seller financing transaction, what are the standard stipulations? Loan term? Balloon payment? Interest? What about taxes? Does the owner continue to pay property taxes? I am looking at ...
Greetings fellow BPrs and welcome to my first discussion!First let me give a disclaimer: I generally like Real Estate agents and as a matter of fact I am attending classes in the fall to get my license (not to be a fu...
Merry Christmas everyone! I should probably be preparing for my family to show up for the Holidays, but instead here I am writing this forum post...
So I have been cold calling a lot lately and recently received two ...
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
I have been reading posts on BP for a few weeks now, and many people have posted that they were able to buy (non owner occupied) multi-families with minimal money down. Some as low as 5%. HOW? My broke tells me it'...
I got my real estate license a few years ago. I have been using it for my job to perform market research, comp analysis and to help friends and family. However, I have never used it to buy or sell properties for peopl...
I'm worried that I'm not doing a very good job on the phone when I get a caller from my direct marketing...
WOW, that was hard to type! I was a successful financial services phone salesman for many years in the pa...
Hello BP, I am currently in a dilemma with a mobile home. The seller would like to sell by the end of the month and on terms (5 year owner financing w/ 7% interest). My questions is do I have to sign a contract with t...