Michelle Berge
Sacramento rental - tenant didn't pay rent before we purchased it
Hi!We purchased a duplex and after we closed, we spoke with some neighbors and found out that one of the tenants hadn't paid rent for a few months during their tenancy. We are currently verifying if what we heard from...
Bruce Harding
Confused on Using a 401K
I read this article on this forum: https://www.biggerpockets.com/renewsblog/understan...From everything else I have read it is my understanding that you can't get a loan against a 401K larger than $50K. According t...
Fletcher Caulk
Avoiding a 1031 exchange
I bought a townhome with a VA loan in August 2014 and our renters took over in June 2016. We are considering selling this summer, and I am wondering if we can leave the unit empty for two months so we can take credit ...
Chris Zarro
Family & Friends Transaction - Please Help!
Hi all; first time poster so I apologize for any faux pas.Basically there is a family house that is being inherited by two siblings. I would like to buy out Sibling #2 who would like to get a lump sum. We are all clos...
Reese Davis
How do you sell a house that has 2 mortgages on it??
So my fiance's dad passed away a few months ago and left the house to her and her brother. They want to sell it but there's 2 mortgages on the house. I believe there's $60K owed total, would have to double check that....
Ahmad Monty
How do i takeoff in Wholesaling?
how exactly do i start? im 21 years old and I took an interest in real estate and i want to get started with whole saling. i understand that you need to find a house below market deal and then negotiate a contract wit...
John Lowy
lease to own/nyc
Own a 2 Family house in Sunnyside Gardens NY 11104.Would like to do a lease to own deal with me staying at least 2 years in one apt while the lesee in the other.Any thoughts/experience would be appreciated.
Mark Caragio
Due Diligence Contingency in a Purchase Agreement
We recently accepted an offer to sell a property, and there is a 30 day "due diligence" contingency.Being that we are selling as a development opportunity to a developer, I'd like to know under what conditions the buy...
Davit Gharibyan
Redemption period sale
Hi, I received a call today from one of my direct mail campaigns. The gentleman told that his house was foreclosed and he has a redemption period till 06/05/2016. The house was sold on auction for 120K. He said he wan...
Steven Gilbert
Help! 1st Time Raising Capital in Denver - $2.8M Student Housing
My Question: What are the most effective ways you've been able to raise capital in Denver?
The Problem: I am struggling to find enough accredited investors to pitch this deal to.
The Details: I've been privileged to...