We are trying to settle an estate: 3 siblings want to hold a note for a 4th .
Property is appraised at $360,000
3 siblings will hold a 270,000 5% interest only note with a 5 year 270k balloon.
Ta...
Hi, my wife and I are new to real estate investing and have decided that we are going to take the buy and hold rental property route. we live in Rochester MN and the market is pretty high right now. We were discuss...
Hey BP’ers!
Has any here ever dealt with this situation before?
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...
I am currently under contract with a distressed seller who has a $30k mortgage on the house. I've never dealt with a seller who owed money on their house. Is she obligated to pay that mortgage off or is my cash-e...
I have been buying and selling real estate for about fifteen years in several different states. I have had major ups and downs both in spite of and despite the pricing bubble that we experienced. Mine has been a suc...
Financing dilemma - How to qualify for a new primary mortgage when you have rental properties financed?
As you get more rental properties, your income increases, but you still have to deal with DTI ratios. Let's say ...
Hello, everyone! I've been clearing debts, saving, scanning the market, and lurking the BP forums for a while now. And I've found a deal I'm comfortable pursuing. But I need a bit of insight. The home is a 2b1b, in a ...
Hi, this is a little strange. I am just planning. It appears I may get 500,000 settlement in a few months. However, I was trying to think what is a good way to go with it. For example, if I do S/P top stocks, I cou...
I am watching a property in auction.com , the property is located in Pa . On auction.com s tithe report , it says grade of the title : d . Title not recorded 90 days , fc judgement 90 days , fc mortgage 90 days , pend...
For some background info I just closed on my first home using a VA loan . I’m currently house hacking and mortgage is covered and then some . I have a coworker who is eager to sell her townhome and she is willing to h...