Anthony Campanello
How can I determine which financing option is best?
Hi Everyone,First post on BiggerPockets so I hope I'm not overstepping with the question.I am trying to compare two financing options for a 4-plex in NJ. The property itself is a vacant 4 unit that, after rehab (~$125...
Brian G.
Does a widow owe money from a sale to pay debt owed by spouse?
If a person is on title jointly with a spouse and their spouse dies, can the surviving spouse keep half of the equity after the property is sold if the deceased spouse owes more money than the equity remaining after a...
Jordan Epping
Potential Subject - To Deal
Hi Members,I am looking for some advice/strategy on how I can pull a certain deal off. I have never done a subject to transaction but want to get some info form experienced investors so I can present to the seller pro...
Alfredo Alfaro
Owner Financing and Bank Lending Questions
In the case of a seller willing to owner finance a portion of the sell and you get a bank to finance the rest how does this get worked out at escrow? I know generally speaking the bank pays a portion and the owner agr...
Pedro Oliva
Puchasing Judgments?
Not sure if this is the right section to post this, mods please move if necessary. I am wholesaling a property and judgements came up on the title search on both my seller and the previous owners. The totals are for $...
Ryan Morlino
Need some guidance on setting price for a ground lease
I need some advice on pricing rent for a ground lease with a 99 year term. Let me give a little background info first.My wife and I recently built and rented two houses on land belonging to my in-laws. The agreement...
Kenya Destin
Refinancing Cash Out
Initially, the property was my initial residence. I moved out, work purposes, and turned the property to a vacation rental. I am currently in the process of refinancing the property. How would classify the property as...
Saeed Hadian
Cancelling a purchase contract before removing loan contingency
Hey guys,
I was in a contract for a duplex in California and had my appraisal and loan contingencies in place. The appraisal came at value but for some reason (finding discrepancy in rent info between listing and sel...
Varun Vemulapalli
Lenders and new LLC
Hello all,I am looking for a solution to a problem. I am Varun bought couple of long term rentals and two STRs last year on my personal names. This year me and my wife looking to close my primary home which 900k with ...
Laurena Davis
How to price a performing 2nd?
Thank you all for the wonderful information in this forum!
Question: How do you appropriately price performing 2nds? Let's assume a nonjudicial state with seasoned pay history.
Do you price based on a certain IRR,...