Begin by seeking legal counsel to understand default partnership rules and facilitate negotiations.

This deal was sourced through New Western and was sold as a 24 hour highest & best offer.

I know of several 10-20unit in the Cleveland area that offer great cash flow and a good tenant base.

Common equity often offers great returns, but during market corrections of 20-30%, your position becomes vulnerable.

I have been on the MLS researching different properties that can become my first deal but I have not made any offers.

There is a difference in the hit someone's credit takes if they are behind in payments or they are in foreclosure so offering to buy the property before it goes into foreclosure does help the owner to some degree and it is not claiming to help them stay in the house. 

More information on your specific circumstance will help those knowledgable give you the best advice.I'm not an expert in the legal nuances of rent stabilization however as an NYC appraiser I have to tell you that rent stabilized tenants are a huge hindrance on the value of the property.

Hello BiggerPockets Community,I'm a newbie landlord I've decided to offer my property as a medium-term rental (typically 1 to 6 months).

We offer a service to find owners or apartments willing to do arbitrage in our area.

Forming an LLC to buy your first house hack can be a smart move, offering some key benefits but also a few drawbacks.