I am interested in buying a foreclosure at auction which has been postponed a few days due to BK. The homeowner has a case open still, but the automatic stay was lifted on a motion by the bank. Additionally, the ho...
I am currently looking at a Fourplex to house hack, I am planning to live in one unit and rent the others. Therefore, I plan on using an owner-occupied FHA Loan. However, I was speaking to some lenders and they are sa...
I’m speaking to a realtor for a listed $89,900 for a 4plex . I mentioned getting it appraised . This was her response . “””””When the property is under contract your lender will send out an appraiser. They will not...
Is the loan guaranteed simply by a promissory note? Does the note list the property as collateral effectively placing a first lien on the property until repaid?
I am considering using this to purchase property to reh...
I am looking once again to the collective wisdom of Bigger Pockets.
We started buying run-down properties, fixing them up and then refinancing them to get most of our cash and down payment money back out of t...
One of my tenants says that the power supply on three of his televisions have burned out. Would the electrical in the house cause something like this or are they just buying cheap TVs? Could it be the fault of the loc...
Hi All. I am new to this and have little to no cash to speak of. I am going to lay out my plan here and if someone can let me know if this seems like a good plan or not and why I would greatly appreciate it.
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I will be taking a hard money loan to fund a project my contractor has brought to me. The loan I take will be the primary source of funding and bank loans will be taken out as the project progresses on the value of th...
After a couple of years of research here on BP, I'm moving on my first investment property in NW Indiana. Its an occupied 2 unit in a residential neighborhood. I have a few questions on how to start my journey as a la...
I'm selling my own home in Westchester and moving to NJ, but had hit a speed bump. The buyers for my home just received the commitment yesterday and would like to close ASAP. However, the contract says Nov. 10 as th...