Alon Bonder
That time my contractor disappeared... and what comes next?
Hi everyone. Managed to get myself into a pickle on a first-time investment, and would strongly welcome any advice on how to proceed! The story: Purchased an apartment in Sarasota, and hired a contractor to do the ren...
Adam Gonzalez
2nd Home Mortgage & Occupancy Fraud?
Good Morning Everyone!
New guy here. So I was hoping to get some clarity as to getting a 2nd home mortgage and what constitutes as occupancy fraud. I have noticed that many investors, even some who run Biggerpocket...
Wenai Ji
Ask tenant to move out for owner occupancy?
Hi all! I’m interested in buying a triplex to house hacking in Los Angeles. I have a question about tenant situation.The triplex is consisted of 3/3, 4/2, 2/1. Currently 4/2 and 2/1 are tenant occupied. I plan to move...
Amol K.
Cashout refinance interest
Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...
Connor Misch
Removing tenant after lease expires
If I have a signed lease that expires at the end of the month and clearly states the tenant needs to relinquish the property by then, and the tenant is still there days after the lease expiration, do I need to use the...
Leticia Wright
NDA Issue/Investor Is Violating NDA TERMS
Good morning, I'm curious about an issue that I'm having. I have been bird dogging for an investors for sometime now, and I have sent them multiple deals. None of the deals has ever closed before. I finally found a pr...
Aaron Taulbee
Avoiding 20% Down on Second Home
Couldn't find a thread that addressed this very clearly:
Currently live in my Primary Residence in suburb of Atlanta, GA. I'm interested in buying a lake property in N GA Mountains. In order to not put 20% down and...
Mark Ciccero
Backing out of a purchase at Sheriff Sale in Ohio
I have a friend that purchased a home at their county sheriff sale this week and no longer wants to move forward with the purchase. this particular county didn't require certified funds or cash...he simply used a per...
Ed Poltonowicz
Buying a building with a bad tenant
I am in the process of buying an 8 unit apartment building. In the Commercial Disclosure, the seller has indicated that one of the tenants has been late on rent several times in the past year and has been "asked" to l...
M A.
Tax lien issue
I'm a wholesaler in Boston and I came across a deal with a possible title issue.
Homeowner has a property with a 40K tax lien on it. Title is shared with her 11 year old son (through probate?). Tax lien about to be f...