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So I have a situation I don't know how to handle or who to speak to about it, but since it has to do with real estate, I thought BP would be a good place to start!
Here's the situation:
My sister-in-law...
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A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
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Hey BP,I am sole managing member of my LLC, which currently owns a property that was financed by a private lender (friend of family). I need to sell this property for less than what I owe, so it would be a short sale....
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i have a client that im about to do a short sale.she has several properties and a couple off restaurants. If i do a short sale for her will the bank go after her for the remainder off the balance? 2) does she have to...
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I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...
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Anyone on bp got involved with crowd funding types of RE investing? I am considering one, so interested to know your thoughts. The person at the other end of the phone call seemed like a thorough gentleman and the num...
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Ok I am a relativity new investor, we have done a few successful flips and a few BRRRR's. I have some family that has noticed and have inquired about giving us private money to use for investments. Its actually severa...
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If I wanted to take out a 'personal loan' or a 'business loan' rather than a traditional mortgage and use it for a real estate investment such as rehabing and then flipping,or renting out, is this possible?? Only reas...
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I have had a couple apply to live in my 1BR. They are an engaged couple in their 50's. After I met them I wanted to rent to them. The apartment rents for $1,150/month. He makes $86k a year, has a credit score of 720+....
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I have had some friends and family that have shown interest in investing with me. How have you set it up where you use other people's money? I was thinking about them owning part of the property or maybe them just giv...