Hello BP. We are fairly new to REI. On our first couple rehabs we were working in a city that allows the home owner pull the building permit even if it isn't their primary residence. We got the permits and acted as...
Who's buying multi-family property with no money down or creative financing? What's the best way to structure the deal with seller financing? Are there any other ways outside of seller financing that I'm missing?
I'm currently considering my first investment purchase, and plan to use leverage to increase ROI. I'm considering either getting a loan in advance or purchasing the property in cash and then refinancing. The latter se...
My dad wants my 2 younger sister and I to work together to start a real estate company, he says he wants us to start with 2 flips then we can do what we want with that money. Any advice? I find my sisters immature, pr...
Hi BP,New investor here from SoCal. I currently am closing on an investment property (duplex) in the Midwest, Illinois and at the same time closing on a house hack property in NorCal. Does anyone have a real estate at...
Hi BP people,
For those of you who are flipping properties built prior to 1978, I'd appreciate if you can talk about dealing with things like lead-based paint, asbestos etc., nowadays (when market is crazy and you ne...
Hello! My husband and I just bought a property. It was a large single family home and at some point 40 or so years ago was split up into 6 units. One unit houses the thermostat for the furnace which heats the whole bu...
I purchased a 1904 house, and the house is zone as a duplex, the second unit is the attic, so it is way smaller then the rest of the house. the house has 4300 square feetThe house is located in a $1,000.000 plus pric...
At what point in the escrow process is the buyer no longer allowed to back out of the deal? Or can they technically back out at anytime before the close of escrow? Thanks!
Hey Everyone,Can seller back out after accepting our offer via text message. Next morning, We sent over the PA which they wanted us to mail. We didn’t hear back in 4 days. When we called, seller told us they decided t...