Russ McKelvey
Due Diligence: What Do I Look for in Title Documents?
If I am buying a property through escrow (in CO), and get title insurance, what should I be looking for from a clean title perspective? What do I look for in the preliminary title report?
My thoughts after readin...
Jenna Walker
Opening bid/ lowest biding bank would take
Market value 130k townhome and mortgage that is owed 98k. I would like to get the home at an court house auction. How much would be the initial bidding price range around and would bank ended up taking even lower amo...
Steve Buchanan
Structuring a deal with both private and hard money?
I'm looking to do a deal with both a hard money loan and a private investor and I'm not sure how to structure it. By structure it I mean how to protect everyone's interest in the property. Both myself and the private ...
Salomon W.
Equity partnering with Private Lender
Hello everyone.I have done many buy & hold properties but have never bought a property for the sake of a flip or a Brrrr.So, now I am ready to go ahead with my first official purchase that requires significant reh...
Kevin Vasquez
On Wooden Frames and Investor Preferences
I'm aware that CBD is definitely preferred, but are there investors who would seriously be interested in Wooden Frames nowadays? Even if the house needs a lot of repairs? Especially in a state like Florida where there...
Jack P.
Upgrade to commercial property strategy
BPers,I'm laying out my long-term strategy and need some advice/guidance. My portfolio currently has a trio of 4-plex properties in the same neighborhood, for which I use a professional manager and oversee things fro...
Carley M.
Pricing rent to include utilities
I have a 4-unit building in Buffalo, NY. I am in the process of renting one of the units. The applicant is in a program where she receives a rent stipend up to $960. Rent on the unit is only $700. The stipend doesn't...
Marcus Frick
New Wholesaler Questions--LLC, etc.
Hi BP!Looking to start wholesaling in MN.And I have many more questions than answers:Do I form an LLC before I start looking for properties?Other legal arrangements I need to take care of before I get started?What are...
Colby Burt
Hard Money Lender Prohibits 2nd Mortgage Position
Hi!A friend is doing a BRRR to STR. Most of his money is coming from a hard money loan. The remaining amount is coming from myself, as a private loan. Her plan is to do a cash out refi and pay back the hard money loan...
Shane Monahan
transferring a property in Baltimore county/md to a llc
hi guys,i have my first rental property listed for rent and trying to get all my ducks in a row before i get some 1 in there . what do i need to transfer a property to a LLC ? is the deed and a payoff paper from the ...