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21 April 2018 | 1 reply
So i have a question , I cant think of refinancing my property because if i do , I will have money in my hands but the debt will just increase and increase, and therefore I will never get out of debt.
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22 April 2018 | 7 replies
I told her I’ll take it off her hands so atleast she won’t have to pay property taxes.
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23 November 2018 | 7 replies
I mean you already have a feeling that the property you have on your hands might be worth a lot more than you were thinking.
22 April 2018 | 1 reply
What can be helpful, which is worthless, but helps gauge how amicable the parties are, is to ask for a hand written letter from the other spouse promising they will in fact show up to sign off the day before or day of the closing, allowing the sale to happen.
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23 April 2018 | 8 replies
After I read BK filing by Original owner I noted modification of original first mortgage 6 years after "recorded quitclaim deed" to another party who had not assumed the loan nor notified first mortgage lender of transfer of ownership.
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22 April 2018 | 5 replies
Two areas where I build a safety margin are cash on hand (I want to be able to make x number of payments with no correlated income) and spread (the difference between rents and all expected expenses ie expected cash flow--the higher this number is the easier it becomes to make the debt payments)So for example say I am looking at a duplex for 100K and I have 50K in cash.
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24 April 2018 | 7 replies
Looking to soak up as much information as possible, but I also want to get my hands dirty and learn the business.
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22 April 2018 | 0 replies
I would love to gain experience and learn the business hands on.
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23 April 2018 | 3 replies
I joined Bigger Pockets because I was very hands off with our two (2) rental properties and wanted to become more hands on.
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24 April 2018 | 19 replies
He already knew that my client wanted to see the property and his funds were in an IRA with a 48 hour wire transfer delay.