Jeremy Weight
My first subject to existing mortgage purchase ever
Investment Info:
Single-family residence buy & hold investment in American Fork.
Purchase price: $300,000
Cash invested: $45,000
Subject to existing mortgage purchase with 45,000 cash down from H...
Cam Lawler
First STR purchased after attending BP Rookie Bootcamp
Investment Info:
Condo buy & hold investment in Pawleys Island.
Purchase price: $149,900
Cash invested: $50,000
Short term beach rental in the Litchfield at the Beach resort. $10K spent on upgrad...
Ibrahim Hughes
Could I have purchased this property from bankruptcy?
I generally purchase tax delinquent properties. And some of my better deals tend to be tax foreclosures.However one deal that I was trying to purchase ended up going into bankruptcy by the seller. There were a lot of ...
David de Luna
AS-IS Cash purchase - Common to skip inspection?
My agent found me a very good all-cash as-is SFR from a wholesaler. I've already seen all the video and pics and the property appears to be in great shape and she concurs. After agent sent me the contract I realized t...
Aaron Bihl
DSCR lenders that will lend 100% on purchase
We occasionally come across properties that need little to no work that we would like to keep as rentals. We are buying at a discount but when talking to DSCR lenders all want a 20% percent down payment even if the p...
Account Closed
**Very First Post!** Seeking Advice On First Purchase
Hello! I've been reading and lots recently and I'm seeking advice on my first deal.I met a guy at Barnes and Noble to sell my online drop-shipping store to. He paid cash and I went into the business section and picked...
Ikaika Kane
Letter of Intent to Purchase Real Estate Notes
I hope I am posting in the correct location...
Is there anyone out there who could direct me to a few samples of Letter of Intents to purchase real estate notes.
This is something completely new to me, however ther...
Account Closed
Loan contingent on tenant's right to purchase waived
Hi BPToday is supposed to be my closing date on my first investment property and it has been quite the experience up to this point! And of course, some last minute developments came up just the day before closing. Yes...
Jonathan Cole
Help with purchasing parents home, need financing suggestions
My parents currently owe $80k on their SFH, my fiance and I were wanting to purchase the home from them. The house is in need of repairs so we were going to apply for a Homestyle Renovation loan such as; Fannie Mae, 2...
Jacob Stevenson
How do I set values on portfolio purchase
I have an agreement to purchase a portfolio of 8 properties. One residence was owner occupied. Three properties still have mortgages on them. The seller is focused on getting enough money in the first year to pay o...