Hasan Hamdan
Subject to on rehab loan?
Has anyone had experience buying a property Subject to with an FHA rehab loan? The seller bought it as an REO, renovated and then fell behind on payments. We've never done sub to investing but this could potentially b...
Walmsley Gedeon
Renovation loan from hell.
Hi guys,
I closed on my first 4-plex back in April with a 203k loan from hell. Because my loan had taken some time to be purchased by a bank my contractor has halted renovations until the loan was sold to a bank and ...
Jon Quigley
Subject To question
Hi. I have what seems to be a trivial question related to Subject To's, but I really have no idea of what the answer might be.I've read that mortgage companies are not so happy about people assuming mortgages and are...
Account Closed
New Member Alert
Hey , Bp ( new member alert) I'm so glad I found this blog cause I have an enormous amount of questions. To begin , I've been contemplating on investing in real estate for quite a while and I finally about two mont...
Josh D.
Which liens survive foreclosure?
I'm looking to bid on some properties at the foreclosure auction (Florida). Someone told me if a junior lien holder is not named as a defendant in the foreclosure final judgment then their lien could survive the sal...
Jee Lee
Appraisal before BRRRR
Need some assistance. I have a home under contract that has significant water damage from a bad roof and the home hasn't been updated in decades. The appraisal came in for $20,000 less than the asking price. Is that n...
John Bowen
Earnest Money on a Commercial Real Estate Deal
What is the normal percent of earnest money deposit on a commercial deal? Agreed offer is $900K and the seller sent their own contract asking for 15% intial deposit for the Title company escrow instead of returning th...
Tyler Giannini
New Member from Virginia Beach
Hello BiggerPockets, I've been browsing around on the site for quite a while now, and I'm excited to finally kick things off. I'm interested in flipping homes in the Virginia Beach and Chesapeake, Virginia area. Curre...
Taija Walkowiak
Vacant and Condemned 9 unit Apartment Building Lincoln, Nebraska
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $275,000
Cash invested: $1
Contributors:
Mark Golden
This is a 9 unit apartment (8 - 2 be...
Arcinio Arauz
The Dodd-Frank Laws
"THE CONSUMER FINANCIAL PROTECTION BUREAU HAS PUBLISHED THE FINAL REGULATIONS ON THE DODD-FRANK LEGISLATION AND IT WILL AFFECT THE WAY REAL ESTATE INVESTORS WILL DO THEIR BUSINESS ONCE THEY KICK IN."
This is a quote ...