J Scott
Help With HUD Offer
Hey folks,
I submitted an offer on a HUD property the other day (through HUDHomeStore.com). I've bid on HUD properties before, but have never had one accepted or countered.
I checked today, and it appears that my o...
Susan H.
Late fees & grace period (Arkansas)
[Likely questions with an obvious answer to all you experienced folks...]My rental property is in Arkansas where the state statute notes a 5-day grace period. If rent is due on the 1st, can I send a "you're late" noti...
Steve Olson
Tax implications of "subject to" transactions
Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
Robert Shoffner
BRRR Lender Low Seasoning Req
I have a house that I'm closing on and plan to rent it out. If I pay cash, I want to (ideally) get all my cash back out with a refinance once we have rent coming in. Does anyone know a of a bank or lender that has m...
Josh Milewski
How do cash buyers like (generally) to be reached/contacted?
@Clay Reddick and I are about to send out a new direct mail campaign with the goal to wholesale the deals, but we don't have much in the way of a buyers list.
I understand that if we find good deals the buyers will ...
Wes M.
Wilmington, NC - LTR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $182,000Cash invested: $28,000
MLS deal that was listed below market value.
What made you interested in investing in this type of...
Andreas W.
Looking for letter explaining to tenant consequences of eviction
This is a long shot: A few months ago I read a post from a BP member showing a letter sent to tenants at risk for eviction. In this letter all negative consequences for the non paying tenant are explained in an easy t...
N/A N/A
Wrap-around Mortgages
Say, for example, that Joe (who has bad credit) wants to buy a property, but needs Mike (who has great credit) to get the loan.
Can Mike get a loan from a lender, and pass it through to Joe?
Cornell M. Dayne
Postcard Blues
Well, for those of you who have managed to actually compile a list of folks and mailed out to them, tell me how you avoided sending to people who hate junk mail.
Recently, I did a mass mailing to outta town absente...
Lei Zhao
Leasing Agent Fee Tax Deductions
Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...