James Floyd
Empty Lot Money Pit
I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
Diane G.
Can lender force me into foreclosure if I can't repay at maturity
I have a rental property that has a market value of $1.5M and $300K mortgage on it... The 10 year ARM is coming to maturity around 7/17, but I can't find a lender that still does that type of loan anymore (TIC for ren...
Brian Ellis
Should I lower the rent?
Ive had about 50 or more inquiries on my rental over the last two weeks. After I pre-screened, Only 5 of them have actually showed up for a showing, and a few filled out the online application that I had to kindly dec...
Ashley Keeler
How to scale quickly using brrrr?
Hi everyone! I have been using BiggerPockets for real estate info for about a year now, but this is my first post. I’m looking to start investing long distance investing in the Midwest (likely Minnesota, my hometown) ...
William Byers
Buying a note - Deal or Dud?
Seeking advice from more experienced note buyers. I've been offered a 1st position, non-performing mortgage that has the following status:
There's a second of +/-50k. Home value is about $53k. I rea...
Nick Paul
New Mexico Right of Redemption
I'm trying to find someone with knowledge about the Right of Redemption in a judicial foreclosure state (I live in New Mexico). I would like to better understand the process of buying the right of redemption. I've had...
Fred Shandler
Acquire a property via owner financing, the refi?
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?
Robert Love
House Hacking and Roommate Questions
Hello, BP friends,I am new to real estate investing, and I am going to house hack a 4/2. I am looking for 2 roommates. I am also looking for additional roommates for a 4/3 home that I own. Currently, one person is ...
George P.
How do you overcome this obstacle when wholesaling a property?
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
Joanne Basecki
Another way to access funding 4 a small rehab?
So many lenders will not touch a small deal. Could this be a remedy and if not why not?
1. Assume there are 10 investors in the City X who purchased with their own money 10 properties. Each property has ARV significa...