I closed on my first Hubzu purchase at the end of April. Luckily, closing went surprisingly smoothly.I met my contractor at the property and got him started on (what I consider) minor fix-ups - paint, carpet, laminat...
Hey BP Family! Things are moving quickly for me in the sale of my house and purchase of a 4 plex. My inspection of the 4 plex is on Monday, and if all goes well..we will be trying to close within a few weeks (so I can...
How do you keep a seller from accepting another offer once they have accepted your offer and you are shopping the deal around to other investors?
Hi everyone! Possibly a silly question but I am currently under contract for my first BRRRR and first REI period. I would like to hold the property in an LLC. Do I need to create the LLC prior to closing or just move ...
I was looking at a deal of a wholesaler, and after negotiating the price, I wanted to send them an written offer. In their AS_IS contract for sale, they were listed as the seller, and they listed them self's as the es...
Hello BPI have a question, just need some advice. If you're a wholesaler and you get a property under contract, and the closing date is supposed to be 30 days, what happens to the contract if you don't close in 30 days?
Is a One page contract okay for a Wholesale deal, as long as all basis are covered? Also what Clause do I have to have in my contract to back out of a deal if I can NOT partner up with a Buyer to sell the property?
Investment Info:
Single-family residence fix & flip investment in Fayetteville.
Purchase price: $62,500
Cash invested: $37,500
Sale price: $129,900
We'll be paying cash for a property in the Joplin, MO area for our daughter to live in. She'll help with minor upgrades such as painting, but we'll have contractors handle plumbing, flooring, etc. She may not be there...
Hello,My current loan officer is telling me to ask 9k over the appraisal price of a triplex that I am using a 203k loan for. The house is on the market for 159k is appraised for 156k and the loan officer wants me to ...