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Results (3,179+)
Brian Gibbons Is the CFBP going out of business?
12 October 2016 | 2 replies
PHH’s petition with the court stated: “Never before has so much authority been consolidated in the hands of one individual shielded from the president’s control and Congress’s power of the purse.”
James Park How should a Real Estate Professional invest in the Stock Market?
18 March 2015 | 21 replies
If you take into account all the funds that may consolidated or closed down due to poor performance the index 500 beats out 85% of all managed funds.I believe that 2018 - 2036 will look similar to the performance 1982 - 2000.
Jake Kucheck Non-Owner Occupied SS
14 December 2010 | 4 replies
Thanks Scott, that was quite helpful.To clarify- it was initially an 80/20 purchase, but it looks like there was a subsequent refi which appears to consolidate it into something approximating a 90/10.
Bryan Hancock Mint.com
15 January 2012 | 20 replies
It's great way to consolidate all your transactions in case if you need to go back a few months or years to track down a particular expense.
Marlena B. probate needed for short sale?
9 July 2014 | 22 replies
Given the legal climate change since court consolidations, I'd be surprised if anyone would still want to do these, but who knows?
Karol Sawa Investing near/around Sarasota
27 October 2016 | 4 replies
I am in the process of consolidating family properties and funds with the intention of buying properties in Florida.  
Damien Ray Any meet ups in Baltimore, Maryland
25 November 2020 | 15 replies
I am currently at 5 and need to move forward I want to kind of do some sort of consolidation of that even possible.
N/A N/A How to get properties from the bank
30 December 2007 | 7 replies
[EDITED BY MODERATOR TO CONSOLIDATE EIGHT POSTS INTO ONE]Check for Notices of Default at your county courthouse . . . get the homeowner's name and address . . . then go knock on the homeowner's door personally.If the home has equity you might be able to put it under contract and "wholesale" the property to another investor.f the home has equity, you might be able to negotiate a short slae with the bank, and find a retail buyer and create a small spread (profit).Bottom line . . . easire opportunity for profit if you can nab the property BEFORE the bank takes it back.oooops . . . sorry about all the typos . . . fingers not coordinating with the brain.TIP: Before you go knocking on the homeowner's door, take the time to learn about the foreclosure laws in YOUR state . . .For example: judicial vs. non-judicial foreclosure, foreclosure timeline, right of redemptionThen learn about all of the ways a homeowner can save their home . . . go to the door armed with KNOWLEDGE . . .Your first priority should be to help the homeowner SAVE their house . . . yes, you read that correctly, give freely of your knowledge to help the homeowner save their house . . .Most of the real estate investors who knock on homeowner's doors do so with the singular intention of profiting from the person's problems . . . and that is very obvious to the homeowner.By HONESTLY trying to help the homeowner first you gain their trust and confidence . . . if circumstances are such that they cannot save their house, who do you think will have the first opportunity to do some kind of deal with them . . . obviously YOU.If the homeowner has equity, you might be able to structure a "subject to" deal . . . that means you take over the homeowner payments . . . notice that I did not say that you ASSUME the homeowner's payments.But once again, don't screw the homeowner and agree to take over his/her payments if you have NO intention of doing so . . . because using the subject to technique the loan is STILL in the homeowners name . . . so if you don't make payments, you are damaging their credit.If you take over a house "subject to" there may be back payments and other liens to payoff . . . and if the homeowner has a lot of equity, you will need to pay the homeowner a portion of their equity . . . you retain the balance of the homeowner's equity as your "fee" for getting them out of their jam and allowing them to move on with their life.You do NOT have to qualify for a bank loan because you have simply agreed (in writing) to take over the homeowners payments . . .You need to be aware that technically the lender/bank could possibly "call the loan" . . . there is a provision in most loans called the "due on sale clause", meaning that if the house is sold or the ownership is transferred in any way, that the lender can call the loan immediatley due and payable.However, it is very rare that a lender will call a loan, particularly now that there are so many foreclosures, if you make the house payments on time the chances are slim to none that the bank will care or even notice.So what can you do if you take over a house "subject to" . . . there are many options:One, you can live in it if you don't already own a home and if you can afford to make the monthly payments . . .Two, you can sell the house to someone else for more than you paid for it . . . they can either cash you out and you make a one-time lump sum profit -or- you can have the new homeowner make the payments for a period of time (perhaps 12 to 24 months) while they get their credit in order, then they get new financing and pay you off as well as the underlying mortgage . . . in the meantime however, you make a small monthly cash flow (i.e. the difference in the mortgage payment with the higher purchase price vs. the mortgage payment the original homeowner was making) . . . this could easily net you a $200 to $300 per month differential . . .Do the math with the previous example . . . 10 houses at $200 to $300 net cash flow each . . . could net you $2000 to $3000 per monthYou would have sold the house to the new buyers on a lease option contract, so all maintenance and repairs would be at their trouble and expense . . .The downside you need to consider is what if the lease option buyer doesn't continue to make their monthly payments . . .
Kyle Scholnick Any Opportunity Left in Atlanta?
2 February 2016 | 23 replies
You're seeing the consolidation starting here now,,,some are combining forces while others are forming derivatives as fast as they can to get out before the music stops.  
James B. Management LLC and many Prop LLCs - How to Mange Finances
28 December 2015 | 2 replies
I recently created a property management LLC to manage the property LLCs.I would like to consolidate and pay all bills with the Management LLC checkbook and credit card.