![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2578616/small_1680981882-avatar-minz9.jpg?twic=v1/output=image&v=2)
4 February 2025 | 3 replies
Purchase price: $62,000 Cash invested: $60,000 Project in progress: Off market dealPurchase: $62,000Rehab: $60,000ARV: $165,000 What made you interested in investing in this type of deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/290575/small_1738092728-avatar-keno2.jpg?twic=v1/output=image&v=2)
31 January 2025 | 6 replies
Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2804856/small_1717796529-avatar-chriss1671.jpg?twic=v1/output=image&v=2)
28 January 2025 | 20 replies
Does the LLC legally own the property that was purchased?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/136988/small_1736470278-avatar-mcarbonare.jpg?twic=v1/output=image&v=2)
5 February 2025 | 7 replies
Here’s why lease options are a game-changer:🔹 Low Risk, High Leverage – Instead of buying a property outright, you lease it with the option to purchase later.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2616820/small_1694555913-avatar-brittanyd68.jpg?twic=v1/output=image&v=2)
29 January 2025 | 14 replies
I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2108182/small_1676313298-avatar-mckenzies8.jpg?twic=v1/output=image&v=2)
28 January 2025 | 4 replies
Purchase price: $900,000 Cash invested: $15,000 6BB/3.5Bath 4000sf on 3.4 acres near several wedding venues.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2691092/small_1681606360-avatar-kylek431.jpg?twic=v1/output=image&v=2)
28 January 2025 | 7 replies
The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2585907/small_1738545414-avatar-sms3.jpg?twic=v1/output=image&v=2)
3 February 2025 | 1 reply
You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2834972/small_1694443019-avatar-alexc945.jpg?twic=v1/output=image&v=2)
25 January 2025 | 2 replies
Process is simple. 1. purchase contract2. send contract to title company3. bring cash to closing and you're done
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1235257/small_1621510510-avatar-dyllong.jpg?twic=v1/output=image&v=2)
29 January 2025 | 6 replies
I purchased a 3 family in Newark NJ in March of this year, and am curious about looking into this form of insurance as a way to further protect myself.