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Results (1638)
Serge S. Due on sale clause was called by bank!
28 April 2023 | 133 replies

I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...

Pete Sloa HELP!! Bought 2nd mortgage on Judicial sale in Illinois, Cook ct
2 November 2019 | 35 replies

So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...

Luke Rentz Subject To: Successfully resolved the process of a bank calling a loan due?
27 March 2024 | 43 replies

Hey guys,I was just wondering if has gone through the process of a bank calling a loan due on a subject to closing? I would be really interested to hear how it went, how much time you had to correct or what actions th...

Nicholaos Koufoudakis Separate Bank Accounts Per Property
19 July 2021 | 48 replies

HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...

Austin Tam Calling All ABC Capital Investors: Updates on Investments
6 May 2024 | 23 replies

There seem to be a good number of investors here that have purchased a property from ABC Capital whether through Maverick or directly. If you've dealt with them, can you please post your experiences with them? I purch...

Dan Gheesling Detroit - What are your thoughts / questions / fears about investing in the City of Detroit?
20 October 2014 | 58 replies

When you hear about Detroit Real Estate most people get scared and picture burned down buildings, blight, etc. Myself included.One of my initial fears was that I wouldn't get my money back out, and that the renters wo...

Sean Bramble Anyone done a "Morby Method" deal? Zero down creative strategy
23 May 2024 | 35 replies

Heard about this on Pace Morby's Youtube channel - it's a zero down creative strategy that works when 1) the seller is open to seller finance, but 2) needs a sizeable DP for various reasons (i.e., pay off their existi...

Scott Ficek How do you screen prospective tenants?
29 November 2015 | 110 replies

I thought I would throw out a topic for discussion....Tell me about the process that you go through to screen tenants.

Pablo Pozo Would you own rental properties free and clear (No mortgage)
8 June 2016 | 53 replies

Hello biggerpocket members,Me and my wife are still relatively inexperienced in the world of Real Estate investing. I considered my self a conservative guy and my strategy is to buy and hold.  I have one rental (renta...

Lynn Z do you manage your own properties?
22 April 2011 | 32 replies

How many of you use a property manager to manage your properties vs. managing your properties yourselves.