Rebecca Brannon
sloppy vs dishonest/retrade
At what point do you come to believe a sloppy seller is being dishonest? The offering document was based on higher rents and lower expenses than the seller's tax returns or the current leases (now produced, mostly) w...
AJ Wong
How to finance multifamily 5-8 units without income: Common terms and guidelines
Certain property types can be more difficult to finance than others, one of the more difficult to secure financing for is multi family or mixed use properties above four residential units. We've seen a very strong upt...
John Jacobs
Seller didnt reveal flood zone.Already in contract. Help.
I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
Jonathan Sher
No short sale rider to contract?
Hello BP Fans,
I'm currently trying to purchase a short sale in my area. The sellers agent countered today and they want to remove the Short Sale Rider addendum to the contract. Have any of you guys seen this before ...
Christopher Morin
Closed the first Sub2!
Whew! After a hectic 3 weeks getting ready for my first ever sub2 purchase, we closed yesterday! I used) documents that a local lawyer put together for me. Took 3 hours of his time to put them together (8 pages of...
Rich Weese
How many think the worst is over ???
528,000 foreclosures so far in first 6 months. On pace for over 1 million this year. That is a # that, to my knowledge, has NEVER been reached. What will 2011 be? Higher or lower? Where are all the buyers and cash go...
Kristen Chapin
Solo 401K and purchasing property with it?
Can you use a Solo 401K to purchase a flip property as long as it is paid back? I saw the max loan was $50K but that was for a loan and was unsure if you can use all the money available to purchase a property? I am s...
John Underwood
The state of Hawaii may ban all STR's
This could be ugly for people who own STR's in Hawaii.https://www.sfgate.com/hawaii/article/hawaii-short-term-rental-vacation-bill-19382321.php
Jordan L.
Agents, would you consider this a conflict of interest or an opportunity?
Hello BP,
I'm just getting started into investing in real estate-- I also work for a company that offers access to all genres of attorneys to the general public for a low monthly fee. I've been contemplatin...
Ilan Z.
A new member from Israel!
Hello biggerpockets community.I am from Israel, 18 years old and I'll be joining the army in under a month (we are obligated to 32 months of service, by law). Although I won't be able to actually start investing befor...