Hello BP,Dear Grandma is looking to downsize.  Her house completely paid for and she has one note on it that she used to purchase a car with a about $18K remaining.The house is a two family.  The  main unit is a 3 bed...

FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...

I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...

Hi. My name is Maggie,  I am a new to Biggerpockets. I heard few  podcasts on Biggerpockets  website  about  starting out to invest  with refinancing with cash out over  and  over again to buy one house after another ...

When a seller carries a note on a property, and there is an existing mortgage the parties have entered into a transaction referred to as "wrapping" the existing mortgage. The buyer agrees to pay the seller in monthly ...

I also posted this in Multifamily discussion because I wasn't sure where to go with it, sorry if someone is getting it twice.Hey gang, So I'll try to make this post as detailed as possible with what I'm currently goin...

I have a great opportunity to get a property with great terms with a 24 month Lease Option but I am new at lease options so have a question or two. We have a contract written up and we have all the details in the c...

Im getting into bird dogging for a fellow biggerpockets.com member but I want to get a house under contract with me as well. I am about to purchase a fax machine here to fax off millions offers but!

I have no idea wh...

Hey BP community! Question regarding conventional financing when a business partner is involved. I have several SF's, and my brother does as well. We are looking to partner together on some 2-4 multi-family units, but...