Account Closed
Milwaukee Probate Lead... But What Exactly Is the Probate Process?
Hi everyone,
I recently got a call from a motivated seller who inherited his uncle's house. If I were to pursue this lead what exactly would be the procedure here in Milwaukee, WI. I've heard about going thro...
Harold Groetsema
Should I pay off my non-recourse loan?
I'm sure this question might have been brought up in another post, but unfortunately I cannot find it. I own a duplex in a SDIRA with a non-recourse loan. In six months I will turn 59-1/2 years old, and am thinking of...
Stephen Gregory
Loan Limit Question for Fannie Mae/Freddie Mac Loans
We have been purchasing rental properties and our loan guy informed us that there is a limit of 10 fannie(6)/fred(4) loans per name that we can acquire. We are getting close to our limit and I was wondering what strat...
Mick Regan
Pay off houses?
I have 7 rental properties and have accrued cash in the bank. Should I keep putting rent into the bank or pay off the mortgages? What are the pros and cons?
Kat Rathell
Dog pee smell - stained hardwood floors
We asked our tenants to move out due to the blatant violation of the 'no pet' clause, but the damage has been done, and the unit reeks of dog pee. The floors are dark, so we have no idea as to the source, and it has b...
Sam Leon
Is paying off a mitigated lien to the city a tax deductable expense?
I am in the process of purchasing an REO property with a number of violations
by a previous owner accumulated over time (years) to a very large sum. As of right now it is about 340K, and by the time I clo...
Aaron Hanson
Texas/Austin FSBO Restrictions?
We have an FSBO opportunity and have met with the homeowner. He wants to sell to someone who'll live in the neighborhood (which we will), so it's a great opportunity for our family. However, the homeowner is under t...
Nate Sanow
Do you think tax changes will hit REI now?
PLEASE let me make my disclaimer on what BP is and is not: Bigger Pockets, not, Being Political. So, my intent is not to whatsoever divulge into party favorites, but, there is some context as to how politics could a...
Ali Samana
Owner Finance!
I have a seller right now who wants to sell his house for 30k. This price works for me, because I could probably put in 15k in the house and sell it for mid 80s. He also agreed to 15k down and the other 15k in 6mos,...
Ryan Deasy
Subject to with Wells Fargo
Hello, I have a possible subject to deal. Just wondering if anyone has had any experiences in doing this with a bank like Wells Fargo. Yes, I am asking about the dreaded "due on sale" clause. Please share your thought...