Pat P.
Advice on Calculations to Foreclose Non-Performing Note
I want to foreclose on an old note. Willing to pay $100 for best answer to all questions asked below to show appreciation for your time. Please DO NOT raise statute of limitations issue. Questions are bolded below: ...
Katie Jewell
Former Tenant with a large damage debt
Hi all,
I'm looking for the best way to handle the following. We had a tenant who claimed to have 4 kids, and then ended up moving in 2 more kids and the father. The fighting ensued, and they did over $10,000 worth ...
Chris Carbone
Mom hasn't paid the mortgage in 8 years
Hello Bigger Pockets members,I recently found out my mom hasn't paid the mortgage since 2009. She said she was having problems, but never just how deep. The house was bought in the early 90s for 175,000 and she owes...
Dustin Hood
Buying note for my church...need help
Hey guys,
I have a situation I need help with. My church had a contract to purchase a church building in the city I live/ own several real estate properties in. The seller is behind on his payments and heading towar...
Jason Cummins
Generally, what do sellers pay at closing?
On a general basis on the retail level, what does a seller pay for at closing? I've heard it's usually around 1 - 1.5%, but what exactly is the seller generally paying for at a closing?
Thanks!
Daniel Dietz
Rules when owner carries a second note?
Hello,
I am in the very early stages of talking to a couple of different property owners about the possibility of buying their existing rental properties and them carrying part of the total purchase price as ...
Kurt Pourbaix
Tax treatment - Lending for a fix and flip
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Matt McConkey
Bexar County Tax lien
Hello BP Members. I've been sending out postcards to Bexar county residents with tax liens and I had a lead call me back. She's got a property that has around $30,000 in tax liens. The county assesses the property to ...
Ryan McCullough
what is a reasonable pay structure for a dedicated contractor?
I have a dedicated and reliable contractor who will execute my flips entirely. What is a reasonable pay structure for this relationship?
Gabriel J.
Duplex Investing w/ Family
A family member wants to invest with me and let me borrow 50k. I was going to either use his money in two ways but wanted to know the best option. If there are other options let me know.1st: Hard money- for the BRRRR ...