![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/740939/small_1621496481-avatar-cameronm588.jpg?twic=v1/output=image&v=2)
4 February 2025 | 13 replies
I thought it may be Form 8832, but it doesn't appear to be the right one based on the questions it asks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3175588/small_1738024764-avatar-armanip2.jpg?twic=v1/output=image&v=2)
27 January 2025 | 4 replies
The programs that claim high success, over and over again, are the ones that appear on these forums a few years later with students making claims about misrepresentation by the programs.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1786573/small_1667843587-avatar-jbinkowski.jpg?twic=v1/output=image&v=2)
27 January 2025 | 18 replies
If the accredited investor took your money and ran, you probably wouldn't have a leg to stand on in court because you weren't supposed to be In the deal in the first place.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2117035/small_1679332099-avatar-brucew127.jpg?twic=v1/output=image&v=2)
14 January 2025 | 17 replies
The state laws (do not quote me) appear to not let these companies increase rates (or its not easy) to pick up the losses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/780049/small_1621497247-avatar-rickym21.jpg?twic=v1/output=image&v=2)
16 January 2025 | 2 replies
Here’s the context:The house appears vacant, with a large tree that has fallen on the property.From what I can see, the house seems full of furniture and might even be a hoarder home.I’ve skip-traced the property and found that the owner has unfortunately passed away.The house seems to be mortgage-free, and I’ve identified three phone numbers associated with the son, who I believe is the heir.I’d like to reach out to the son to express my interest in purchasing the property, but I want to ensure I do so respectfully while also gathering the right information.Here are my questions:What’s the best way to approach the heir while showing my condolences for their loss?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1747121/small_1696654008-avatar-tomm361.jpg?twic=v1/output=image&v=2)
8 January 2025 | 7 replies
Ask a local professional.I hear u .Either I settle or go to court on the 17 of January.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3058210/small_1719228142-avatar-johnf1030.jpg?twic=v1/output=image&v=2)
10 January 2025 | 4 replies
The only issue appears to be the missing breakers and it being turned off by the bank.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2772267/small_1694567073-avatar-corys196.jpg?twic=v1/output=image&v=2)
30 January 2025 | 21 replies
However, their lease is up in two months, so I would only focus on non-renewal for now.In my book, I explain methods for removing tenants without evicting them through court.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3125073/small_1730770314-avatar-matthewp719.jpg?twic=v1/output=image&v=2)
29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3160203/small_1734935391-avatar-kenm286.jpg?twic=v1/output=image&v=2)
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.