I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...
So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...
FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...
Hello everyone,
I've heard that some people will tell their tenants they are the property manager so that when a dispute comes up they can say the "owner" is the "bad guy" and not them. On the other side of the coin,...
Hi guys
I live in North Cal, been buying properties for a year, recently got interested in auction sales. I am hoping some of you could share some advice on how to buy from auction, (Trustee vs REO, tenant o...
Hello BiggerPockets!I'm exploring the possibility of getting a 10-unit apartment building. With that in mind, I'm wondering if I should get an LLC.Benefits of LLC:1. If I live in the property, I, Jared, can rent from ...
Hi BP,I am scrambling right now to make the right offer in the right way by tomorrow noon. I am in the nor cal market and the house has ARV 360 so I figure my max offer allowable is 360-(55k repairs)-(my 10k wholesale...
Hello all - Newbie here. I'm under contract on a home I'm buying to live in and Airbnb the attached In-Law suite. The listing agent wrote that the house was 4,000 sq in his description, and the mls listing indicated 4...
Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
Hi all,
Like many others I am new to real estate investing and decided I would finally stop thinking about it and actually move forward with trying to purchase, rehab, and sell my first investment property. I feel li...