Good article from WSJ about deed fraud on the rise. Seems some folks think buying the house is too much trouble, so they're forging the documents and selling it without buyers knowing it.http://www.wsj.com/articles/la...
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My group is just starting out on our real estate venture. We are currently seeking financing for a Chicago 6 family unit that is currently rented. We are purchasing the property all cash (we discovered that this can...
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Closing on a REO on Tuesday. It is or was listed as a two bedroom/one bath for 56k, which is a good deal for the area it is in. Went look at the property and discoved it was a three bed one bath. That makes this a ...
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All private money from 1 investor.
I get 10% equity plus 5% of monthly rents as manager.
Bought it bank owned for 79k. It is a 2 bd 1.5 bath in the fishtown neighborhood of philadelphia.
Rehab budget was 16k. ...
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Hi Guys! I just wanted to introduce myself to the BP community. I am a newbie from Chicago area. Currently, I am in the process of gaining as much information as possible (reading books and BP ofcourse). I have joined...
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Greeting BP communityQuestion for you all. I currently only qualify for conventional mortgages via Freddie Mac, which caps my loans at 6. I currently have 6 properties (including my primary) so I have reached my limit...
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I need some help / advice. Back in January my home was given a notice of violation by license and inspection for a crack in the side wall of my home . I was told by L&I to retain a contractor and engineer to get t...
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There is a property near where I live that is currently vacant and in really rough shape. I researched the owner and discovered he had died and this property was part of his estate. I read the court documents and di...
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Hello BP,I am just here to post as a newer member who is like many interested in real estate in general. A little about myself as this is an introduction. My name is Mitch and I am one of those Americans who has done ...
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I found a combined multi-family property package (3 duplexes) for sale by owner. I'm aware residential loans cover single-family homes up to 4-unit homes, and commercial loans are for 5+ unit homes. My question is...