Matthew Foucheaux
Advice Needed on Deal
Father-in-law is being foreclosed on by the bank. In addition to the bank lien he has a second lien on the property from his ex-wife for $25k. I don't know what to do about that second lien from the ex-wife. He cla...
Matt Liu
Proof of Funds via "Funding Partner"
I have a Proof of Funds letter from my father, my "funding partner" that says
"xyz funds are available for immediate transfer or use by MattLiu at my discretion."
The problem is when I went to make an offer, one rea...
Angela DeBorja
Approving a different applicant than the first.
I am helping my dad find tenants for his 3 vacant units in his building in Baltimore. I have 1 potential tenant that is very interested in one of the units and we approved her for a 6 month lease ( no other interest i...
Bobby Newkirk
Should I buy land and build a modular duplex for rent
My father and His brother owns a zoned residential property, roughly about 12 acres. A few years ago they allowed another brother to build a house on the property taking away 4 of the 12 acres. I would like to structu...
Edgar Monroy
Looking to start my real estate journey. Connect lenders/agents
Hello BP. Im starting out my investing journey more or less. I have a primary residence that was deeded to me by my father 100% paid off. The plan is to rent this house out and move in to another in order to add that ...
Shella Sanders
getting title cleared with a lot of heirs seller doesnt know
I hv a house in oak cliff, Dallas under contract for 10k. found out there are 25k in back taxes. which still works. I am dealing with two grandsons. The house is still in their late grandfathers name who died before t...
Paul Winchell
best entity for silent partner as property owner
My father and I are in the process of selling a house in Hawaii and using the proceeds to invest in one or more rental properties (likely in Michigan). The house is currently owned entirely by my father's trust, and ...
Justin Grubbs
Seeking input on a functionally obsolescent property.
So there is a very large building in my area that was built in the late 1890's and they continued to add to it throughout the years. During the due diligence process I found out that it was primarily a toy factory and...
James Richter
Wholesaling question involving a deceased owner and over leverage
I am currently in the process of evaluating a deal involving a home that has a balance of two mortgages totaling 61k. the previous owner took out a second mortgage to pay off all of his toys. I find with all the defer...
Kyle Buyers
Newbie Advice: Multi-Family in Bay Area / Silicon Valley, CA
Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...