Hello BP fam!First post here. I'm have a motivated seller with lots of equity in an off market deal. The seller has a mortgage on about 50% of equity and would like to do an owner-carry. I know sub2 is a minefield but...
So we are closing on a SFR and a duplex. I am getting loan for SFR and 2 different banks. I am doing a rehab and hers is conventional and fully occupied duplex. The local bank she is using has been good and that's why...
I haven't made an offer yet, so please let me know if I am about to make a mistake!
Here are the details:
This is a city lot in a low-income area. There are three buildings on the property.
1/...
I am new to BP and also a rookie investor and looking to purchase my first property. I am located in Mass but have been targeting Cleveland as my first market. Open to networking with anyone in the market with any adv...
Can anyone recommend a good accountant? To make a long story short: I landlord for 5 years without realizing depreciation was non-optional. I'd like to file an IRS 3115 this year to try to recapture at least some of t...
I need to learn more about VRBO demand and what it takes especially in Southern CA area. Anyone here knows of the right sources?
I’ve submitted an offer on a property (light fixer) on Thursday afternoon and STILL haven’t gotten a response to my offer?! Is this customary for an out of state investor to take this long to respond? She countered at...
Hey Bp, new investor from the Pittsburgh area. I would love to connect with and hopefully quickly chat with experienced investors whether in the Pittsburgh area or not. I am currently searching for deals and using the...
Hello BP Community, I'm ready to land my first deal. no out of pocket cost for me. it generates $200 cashflow for me + 20% COC for my capital partner and we both get equity end of the loan term.
so my question is i...
When working with Tenant-Buyers I've gotten some questions about rent credits and why they aren't offered when buying one of my properties. While I do offer a certain percentage towards cc at settlement it's not on a ...