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I have this situation where I may be doing either, because that is what my buyer wants and I want to make sure I do it legally and right. I've been learning about subject to deals, and also mortgage assignments but h...
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I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
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Hi Guys,Currently own multiple properties (Sfr),they are spread out into various LLCs, having couple of properties in each LLC.these LLCs are all owned by and a subsidiary of a 1 holding LLC.Rent is currently flowing ...
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Hey BP! So, my wife and I purchased our first investment property in May of 2017 (a 4plex). We comepletely renovated one unit and moved into that one unit. We've increased rents on 2 of the other 3 units and soon ...
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Ok - i'll admit, the subject line of this post is a bit sensational. I'm not going to jail. Not for this anyway. (But maybe for my killer dance moves.)But here's the question i'll pose to the BiggerPockets crowd. (I'...
I unfortunately hired a contractor for a house I just started rehabbing and he sounded really good! He came in with all sorts of experience ace telling me how great his work is. The project started and from day one...
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I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...
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More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole. Some applicants have as many as 3 pitbull...
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Ok this sounds horrible but please read it all. I just bought my son and his wife a condo here in miami. My son is a trader, he's 27 years old and he was renting a unit for $6,500/month a big waste of money imo. He...
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For you "private lenders" what mistakes have you made? I'm wondering if private lenders are 1. willing to disclose mistakes and 2. what they did to correct it, if they did at all.
I just read about private lending, t...