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My lawyer advised me against buying a property that is being wholesaled. She said if the person doesn’t own the property don’t buy it. What are people’s thoughts?
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There is a SPECTACULAR, massive Gothic style church for sale at an amazing discount and:
* I can probably get it for $100,000 (cash);* It's in the city (semi inner-city) in Harrisburg PA with no parking except on-str...
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Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
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Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
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I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story:
- Not following through with business plans
- La...
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If the ARV of a property in San Diego is $500k, the rehab cost is $40k and you use the 70% rule, that means you have to buy the place for $310,000. My questions:- is that possible in the SD market? The purchase price ...
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I was wondering what kind of vehicles most investors drive. Considering that cars are typically the second most expensive things people own. Are you motivated by the fuel economy/MPG? The appearance/style? The brand/r...
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Hey BP, I have been looking into doing the SUB TO creative finance mentorship with Pace Morby and was wondering if anyone has completed it or knows anyone who has been apart of it. I have heard a lot of good things ab...
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I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...