Andre Lozada
question on a real estate deal.
So I have a motivated seller who stays in NC. He owns a home in Pa. The property is in pre foreclosure status. The ARV for the house is $63,000. He owes $20,000 to the mortgage company (which he says can be negotiated...
Justin Watters
Using a loan plus a seller’s carry?
Hi BP team,I’m interested to chat with someone who has utilized a seller’s carry before?Quick back-story: I’m under contract on a house with a VA loan in process. The VA appraisal came in waaaay under my offer. We’ve...
Kenny Kaijage
Calling all Twin Cities investors!
Hi, I’m currently looking to connect with any investors, agents, and wholesalers within the Twin Cities Area. I am residing in Saint Paul Minnesota and currently working after graduating from college. I am eager to be...
Louise Whidby
assessment & taxation lien properties
I am sending out yellow letters to property owners that have liens on their homes. If I was to put one of these properties under contract who pays the liens? How do the liens come into the price for the seller or buyer?
Derrick S.
BRRRR / WRAP Question
I've got a house that the seller will accept a Wrap on (yes!) and I am thinking of keeping it for our future home, so want to pull equity out of it with a refinance. Would a wrap qualify me for a refinance? Or would I...
Dawn Hall
Seller specifying a specific closing attorney
We are contemplating an offer on a house and the listing says MUST use (Bob Jones) as closing agent. What is up with that? This already smells a bit funny. The house has been used as a rental for a long time and w...
James L dodd
Owner financing on a trailer park
How much down would you consider on a owner financing deal. I've been offer 20% down monthly payments on a 3 yr ballon. Owner says intrest rate negotiable. NOI about 15000 a year priced at 189000 6 units
Eric Gamble
Motivated FSBO (SFH Zip: 97304)
Investment Info:
Single-family residence fix & flip investment in Salem.
Motivated FSBO ( the classic "good person in a bad situation" related to medical health ). Good area and the house has some defer...
Jerry Zhao
Can you skip Survey and/or Phase I environmental study?
This is our first mobile home park purchase and we are doing due diligence following the workbook from boot camp.When we asked the seller for a copy of the survey and environmental study, the sellers agent said they d...
Trinity Carrick
Bought a Functioning Airbnb
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $245,000
Cash invested: $50,000
This is an Airbnb. The sellers already had it as an Airbnb and we are taking it ove...