I've been following the realforeclose.com on several Florida cities and I'm stumped why properties are being sold for thousands of dollars higher than their "assessed value" listed on the site. Often times tens of t...
I am trying to understand how buying houses for cash works.
My understanding is that you see a distressed home. You approach the owner, offer to pay cash for their home.
What if they owe the bank money?
What if the...
My wife and I are looking to buy a home in Richardson, TX next Jan/Feb 2022. Preferably west side of 75. Interested in lease purchase or property with 5-10% down. Student loans have prevented us from saving up to 20%....
Hello all,I am a VERY new and green to REI. I know I am a ways off from pulling the trigger on my first property, but I am interested in rentals out of state. I am a California resident and would like some advise from...
Hello BP!
I have my LLC registered in Oklahoma as this was the first plan I was going to do fix and flip there. However, I moved to Dallas and was wondering if I need to set up a new LLC to be registered in T...
Hi all!
Im looking for more insight on transactional funding, if anyone has advice or experience using that I’d love to hear!
Hi everyone. I'd like to know who to contact in order to form LLCs for our rental properties and for my home improvement contracting business (zero employees). Can any attorney form them, or is there a specific type...
Hello,When plugging in #s into the "purchase closing cost" section of the BP rental calculator, you can click the "cost breakdown" link on it to plug in specific components (e.g. points, taxes, hazard insurance, etc.)...
Hi. My name is james and I'm trying to get started in my rental business. I have one house right now that I'm trying to get fixed up and rented out. And I Only have about $3000 saved up and was wondering what anyone t...
Hi everyone! First, thanks for taking the time to help a noob. Goals:Year OneBuy duplex with FHA loanBuy single family home with low money downYear twoBuy multi family 3-4 unit with 20% downHelp GF buy multi family wi...