Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
Good morning BP! I went to the auction steps on Tuesday and started speaking with multiple investors about tax deeds. They have told me a little bit about the process. I am looking to purchase my first fix and flip ne...
Would it be worth it to get a real estate license? What doors would having a real estate license open I really don't want to become a real estate agent/sales person but would it help me in any way to flip homes whole ...
Helllooow CAP rate chasers! I am writing today as I have too have made this mistake! I bought a " great deal, " but did I? The fact is that I had failed to really look at the market trends for the city. When people t...
I have a friend who was recently laid off and was looking to buy an REO in an OK neighborhood. If he buys it, fixes it up and decides he doesnt like the neighborhood in say 3 months time, and decides to sell, can the...
There's this house close to me...
Lady bought it cash (I think) and lived in it for a few years. Working on that buying info now...before I have to ask her. She added on to it, prob not permitted as we're outside c...
Hi everyone,My name is Nick. I'm new to this website but can see that the networking and information on this site can be very beneficial to all. I'm a 25 year old male from Rochester, Minnesota that is going to get in...
Hi Folks, I need some help please in how best to structure a deal (never done this before). Here are details:
$50,000 (list price) tri-plex with two units occupied. Third (larger) unit needs $15k in rehab. ARV should...
Hello,I am a first time home owner who is trying to sell my home. I signed a six month agreement with a RE broker who is now suing me for breach of contract. The gist of it is, my house has been on the market for 5 mo...
I am looking to place a contract on a REO listing. My question is, if I place a full offer to lock up the property will I have an option to back out based on the inspection? Will I lose my EM ?