So I found that it is going to be advantageous to me to purchase one of my new properties in cash, I am going to take a mortgage out in a few weeks later after some updates are completed to leverage the banks and keep...

Good morning,I hope to be closing a cash deal in the next few days. We hope to rehab and get delayed financing. Should I take the insurance before closing right? (Pretty obvious I guess, but since bank is not requirin...

First let me say that this site is by far the best thing I could have done to learn investing practices. Thanks to all for the very informative content.
I am particularly interested in learning wholesaling for my sho...

Hi you guys! Hope all is well with all the people here at this biggerpockets site. I came across a post from one of the moderators here about a formula for the max purchase price : ARV - Fixed costs - Repairs needed -...

I have closed on over 20 real estate deals, and I’ve just experienced my first! I was was supposed to close on a property yesterday, but the seller has been MIA (missing in action) for about two weeks! “Supposedly”, t...

Hey everyone,So if you are wholesaling, do you have to state in the contract what you will be making as a fee, or do you just automatically get the difference made at closing between the asking price and the price the...

Hello BP Community,I have been renting out a condo unit in Chicago to two tenants for the past 9 months or so. I was planning on selling the unit once their lease is up, but they have expressed interested in buying th...

Hi there, so I know with an FHA loan, 3.5% is required for a down payment. Now I’m not entirely sure what kind of fees to expect. Let’s use a home valued at $100,000 for an example. Now let’s say I had that $3,500 rea...

I have a hypothetical question: Say you purchase a duplex for 100k using private money and after repairs/maintenance (10k on top of 100k) over 2 years its worth 150k. Can you use that equity of 40k for closing costs?

I have this property and like most people will tell you put the property in an LLC and sell the LLC well. NONE of my buyers like that. On my last deal I had to do a double closing to get the house in my end buyer name...