Please forgive my newbie question regarding wholesaling,... but is it possible, or common, to put in your sales contract that it commences upon the excercising of the seperate Option contract? The Option to Purchase ...

Hello all. I'm working on closing my first deal and am looking at my first contracts for property management companies. I'm not sure what's normal, and what I should be suspicious of. I'd really appreciate opinions fr...

I’ve been looking into using the FHA renovation loan. As I understand it allows general rehab up to $35,000 that can be financed into the mortgage. Does anybody have any experience with this loan and can help me under...

I Just Started My 3rd Source Of Income With Whole Sale Real Estate. What Advice Or Tips Can You Give A Beginner ? Anything Helps. Thank You I Appreciate It.

Any tips for investing in a high crime area? In this situation the crime becomes virtually non-existent after a 3 block radius and it's just that this duplex happens to be right in the middle of those 6 blocks. It's i...

Is anyone familiar with the "in and outs" of lease assignments? Especially with the respect to what the landlord can and can't allow. I read a landlord must be reasonable in allowing the tenant the ability to assign t...

Okay, so I have a great tenant who have paid consecutively for the past 2 years and wants to sign another 2 year lease. However, today she informs me her brother lost her job in December "due to COVID" and has been st...

Hi all! Recently saw a trending thread about this, so here's a fun case study for the community to support or tear apart. I am at the early stages of looking at the property: "motivated seller", large plot of good lan...

Hello,
Thanks to everyone in advance for the help. I've read several similar threads on this site looking for information, but I haven't really found my answer yet, so please excuse another post on the topic.
I clos...

Hello BP experts.  We are negotiating an offer for a property (a duplex) and will be using a nonrecourse loan for the financing.  Does anyone know what the IRS requirements or guidelines are for required reserves when...