David Battle
Assignment and Double Escrow
In my Kansas City (Kansas and Missouri) Double Escrow is now illegal. How do you handle Assignment contracts without parties having a problem with the amount of profit?
Ulrich Faircloth
North Minneapolis - First Duplex Opportunity
Hello all! So I'm in a bit of a fix. For the past few weeks I've being trying to figure out what to deal about getting my first duplex. The problem is...I'm only qualified for less than $130K for a conventional loan d...
Ken Van Haitsma Jr
Using a Business Name without Filing a Formal Business
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Gary F.
Potential Duplex Investment
I'll be the first to admit, I'm a total newbie at REI. I've been trying to educate myself as much as possible reading the many posts here on BP.My situation:I have a plenty of equity on my current home. I currently ...
Stephanie D.
Put in our first offer and have some questions
Hello everyone! I've been reading the site for a while but this is my first post. We put in our first offer on a small duplex with two bedrooms in each unit. I am crunching numbers like crazy to see if it makes sense...
Julece Glaum
Wholesale or buy and hold?
Hi BP: Here's the deal, literally:The four houses are in the suburbs of Chicago in primarily stable locations. My problem is that the deal seems skimpy for a wholesale so I thought buy and hold. My background in com...
Account Closed
2 properties on one lot in Santa Ana, CA
I have an owner that has two 2/1 SFRs owned free and clear that he is "considering selling". This is in Santa Ana, California. In our first conversation, he said he would take $450K for both if we could close fast. Th...
Jason Delaney
General Liability Insurance for House-flipping LLC
My wife and I are flipping houses in the Pittsburgh area, and have set up an LLC for this. We also are required to register the LLC with the Attorney General's Office as a Home Improvement Contractor in order to meet ...
Brett Kash
Managing Contracts as a Flipper
I am a new house flipper in Milwaukee and in the middle of my first project. Things are going well and we are wrapping up to final pieces of the project which will hopefully result in a successful sale. Nearing the en...
Bryan Graf
Rate this deal
Hello everybody,
I am a new investor about to make the leap into investing in rental properties. I have been searching the interweb for a forum just like this for a month and I am very glad to have found it.
I ha...