Hello, I am looking to receive a home from a family member. I believe it would be considered buying subject to/assuming their mortgage. There is about $40,000 left on the mortage. There's about $40,000 in equity but t...
Hello BP colleagues,What are the ways to receive credit at closing? I am in escrow on a duplex, conventional loan, and credit have requested is above the closing cost amount (with about 20k more). I do not want a pric...
Has anyone out there done an extensive amount of raising private funds as small loans ($1,000 to 35,000) from friends and family members with interest paid on the loans?
For a private loan that I use to invest in rea...
Hello Bigger Pockets,
I received a 1099 K for my property management company from Cozy.co for all the rent collected through their platform this year for our properties. I switched to them in March, and had previous...
I collect last month’s rent and security deposit when a new tenant moves in. How do most of you account for the receipt of this money? Right now I create a separate account in Quick Books for the deposit of each u...
I am interested in doing a study to find out how many investors that bought a property in Birmingham would be able to sell the property today for what they paid for it?I will arrange for the property to be listed on t...
I'm not THAT person that posts negative reviews. Generally, I believe that people try their best and mistakes happen, but this property management company has been nothing but a cost to me. I want you to avoid the sam...
This is an update on the eviction process in Clayton County, GA:
Evictions in Clayton County, GA remain a nightmare for landlords. Clayton County Magistrate court judges are in no hurry to enforce the laws on the bo...
I am wanting to purchase properties to flip at foreclosure auctions in my area. I have spoken to PML that fund flips and they aren’t sure how to lend for auctions. The issue is funds are due immediately after winning ...
Hello BP,I've been following BP for information on how to obtain my first rental property and I couldn't be any closer. As a current tenant myself, I understand the nuisances that come from the property and sometimes ...