TJ Maxberry
How to purchase property when owner is deceased?
Hey BP family,
I have a piece of property a client is interested in but the owner is deceased and the children are hard to get in touch with. What's the best method for approaching this situation?
In Lexington, KY....
Andrew Michaud
38 Unit Purchase. $110k cash flow. Good deal?
I am looking into purchasing a 38 unit from a company. Price is approximately $35,000/door for a total purchase price of $1,330,000. All buildings are in excellent shape, but are in need of roof replacements. Property...
Dasia Washington
Complete Newbie. Looking to purchase MFH in Nashville.
Hello Nashvillians!
I am looking to purchase my first duplex or quite possibly a single-family home with a walk-in basement for a house-hack.
I'd love to hear from those who have any experience house hacking as a ...
Lisa Albright
Transferring property from Owner to LLC after purchase
I am a newbie here, thanks everyone for amazing information.
We are buying our first STR, paying cash, our LLC is in the process of being formed but will take another 6 weeks our Attorney told us.
Is there any iss...
Juan David Maldonado
Good idea trade in and purchase new car?
Hey, if I trade in my (paid off) car and get a new one. Will that affect my chances of qualifying for a mortgage to purchase a rental property because I'm taking on new debt on my credit report?
Jay Gil
Purchasing single family house in the Denver area
I live in California and am looking into purchasing a single family house in the Denver area. I have shortlisted 3 Denver suburbs(Littleton, Highlands Ranch and Parker). I identified these suburbs primarily because o...
Marquis Byrd
Using a FHA loan to purchase first flip.
I’m ready to dive into my first investment, my only problem is I don’t have the funds to put down 25 percent for a convential mortgage. I see FHA loans only require 3.5 percent which is a lot closer to what I can do r...
Owen Burton
Purchase requires assumption of current debt. Next Steps?
I received a listing from a broker that requires the buyer to assume the property's existing loan. If I determine a revised value that's ~$1M less than the listed principal amount (after adjusting vacancy etc. to 10% ...
Alex Smith
Legal Firms/Documents when Purchasing Property Without Realtors?
Good afternoon,I have an opportunity to purchase a few off-market properties without the use of neither a selling or buying agent. I wanted to make sure I am not missing anything from the administrative side. From the...
Rashad Jones Jennings
Looking to Purchase Multi Family Units in Chattanooga
Im from Chattanooga & currently living in Atlanta (10 years). Im a licensed Realtor in both states so I do a lot of back and forth driving. Im looking to purchase a multi family property preferably a 4+ units so I...