I learned so many lessons on my first flip. I bought this house in July 2016 from a wholesaler in Ogden, Utah. I wanted to share some of the most valuable lessons in case they helped someone else out in their real est...
The current tax assessment value of my property is $119,700 and I pay $4,188.30 annually in taxes. (2023 tax year)My house was recently revalued by an appraisal company with a 2024 assessment of $254,000. Does this ef...
Hello BP NJ - Wife and I are looking to purchase home in NJ (we currently rent in NJ). Our preferred area is Morristown but we're open to Northern NJ. We are planning on staying in this home for about 5 years. To maxi...
Hello,
I am fairly new to BP. The main question I have is about searching public records before getting too invested in a property such as a Foreclosure. I have read a lot of information on why we should util...
Situation: Looking for the best way to buy an investment property from a parent who has already paid off the mortgage.Hi, I’m new to BP and I was hoping to get some feedback from you all! I am in the process of talkin...
So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
I've always thought seller financing was a good option in place of traditional bank loans but I'm not really seeing a benefit after looking into it. Most sellers want a balloon payment after 3-5 years. That's pretty f...
Hello investors hopefully someone can help me with this. My question is when it comes to getting financed for a second property. If I have one property and it's producing a positive cash flow after mortgage and expen...
Hey BP gang, was hoping to purchase a house hack in the Baltimore area and just talked to my first lender. They informed me that the money I would owe would twice as much as I expected because I had not accounted for ...
A to C transaction. Buyer was fine with zero cc. I negotiated 3% and plan to collect this amount in order to release my Notice of Option. We are planing to close this coming Wednesday. Last Friday I forwarded to the ...