Account Closed
Should I invest in this real estate start up?
I've been approached about the possibility of investing in a real estate start up. It is being founded by two multifamily real estate executives who also dabble in residential real estate. They are planning to start ...
Jeff S.
We Loaned on a Stolen House
Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...
Brandon Turner
Leaky Pipe, Naked Tenant, Chain Locked Door: What Would You Do?
Just curious: what would YOU do in this situation? (The lady in this story has a history of "drama" with us - so nothing in this story is unusual.) A tenant called last week about a pipe that has been leaking in her c...
Mike Hoefling
2nd Multi-Family
Last year I bought my first multi-family (4-Unit) with an FHA loan only putting down 3.5%. I am looking to buy my 2nd Multi-Family but the lenders want me to put down 25% and on purchase prices around $200,000 thats $...
Edward Briley
Real Estate Agents?
I am just wondering how many investors have problems with real estate agents showing low cost real estate? I buy properties for investment, or to flip, many are properties that are in foreclosure. I have the money to...
Jason K.
Assigning contracts -- financing issues? Need a solution quick!
What happens when you want to assign a contract to a buyer/investor who will be buying the house in different terms than the ones you agreed to the seller with?
For instance: If I get a house under contract for 100K ...
Richard Munford
New member in Orem Utah
Hi I'm new here. Just recently moved to Orem from Cedar City. Ive been listening to the podcast for about a month now and have loved it so I figured I should expand my knowledge and join the forums. I am a recently li...
Cheri Banet
Cash out loan verses traditional mortgage
I'm going to buy 2 condos in 2 different cities where my kids go to college. I can pay cash for the first, but it will eat up all of my capital. So should I pay cash for it and o the $5000 in repairs so I can close ...
David A. Santana
Newbie from Indianapolis, IN
Hello, everyone. Although I have been a member of BP for a couple of years now, I only recently became active. My name is David Santana. I have no experience in real estate other than buying my own house in 2009. I am...
Account Closed
Can you buy a foreclosure at auction with transactional funding?
If have a buyer in place, can this work? Will there be any seasoning issues?SF Bay Area, CA