Hayes Hamilton
Flipping Houses? Best Approach?
I am a new to the flipping idea. I know people that have done really well with it and I am willing to learn. One question I always had though is how do you get in contact with the banks that own the property? It has t...
Gisele M.
Help Newby with Encroaching neighbors in Queens NY
Hi everyone,
I’m in the process of purchasing my first property, a two-family in Queens NY for 1.2 million. I’ve been cleared to close by the bank and currently waiting for the seller’s lawyer to return from vacatio...
Patrick Corcoran
FHA 60-Day Occupancy: Owner Move In Eviction takes 120 days
I've seen similar questions posted previously, but have not the exact answers that I need.I'm looking at a Duplex and trying to get an FHA loan as an Owner Occupier. FHA requires me to move in within 60 days of closin...
Takeshi Yashima
Conventional loan question
Hi,
I went to Chase Bank today and I asked about pre-approval letter for my potential investment property (I will focus on SFR for my first investment). The loan officer told me that property has to be "habitable" (...
Godsheritage Adeoye
Title transfers in courthouse
Hello everyone,
I’m about to close my first deal, but the seller is insisting on transferring the title at the courthouse rather than using a title company. Does anyone have any insights or experience with this appro...
Jonathan Chan
Biggest Lesson Learned?
Hi All, what's been your biggest lesson you learned after getting into real estate. I'll go first. I had a W2 I wanted to leave and thought that owning 30 rental properties would be enough to retire from corporate lif...
Luke Carl
Never Break Your Policies!
Policy: NO last minute one nighter with more than X (depends on property) people.
Broke my rule due to current situation.
Ended up with a door busted down.
No big deal hell I just replaced a door at anothe...
Jimmy H.
Using RE to bypass inheritance tax
I had a thought that you could potentially use RE to bypass inheritance and gift tax issues. I know that you are only allowed to gift about $12,000 to any one individual, and I know the goverment taxes you when you di...
Andre Cano
Why does investing seem so scary and overwhelming?!
Looking to begin my journey into seriously learning about real estate investing. I've been listening to the podcast for about 5 months now, and feel like I've fallen into the pool of people who never get started. My w...
Jerel Garner
Buying a tax lien foreclosure?
Hello All I am New to BP and Real Estate Investing. I am considering my first deal as a JV with a relative. Here is the situation:
My relative has been a tenant in this home for a year and a half with out any problem...