A few years ago we inherited some rentals & a few notes. One of the notes was in the foreclosure process. It is now scheduled to go to sheriff sale in a couple of weeks. The balance owed is around $100,000. We wan...

Have you ever been under contract, and doing your due diligence, and you find a bunch of problems. You ask for a concession, but the seller's broker keeps telling you that they don't really care if you back out becaus...

I released my general contractor a few weeks ago for failing to stick to his timeline and today I have been contacted by two of his sub contractors asking me for payment. I told them that they needed to speak with him...

Between my brother (who is my partner) and myself, we've bought at least 40 properties (residential and several commercial properties) at our local sheriff's auction over the last 10 years. As is common with a lot ...

So, let’s say I am considering the topic and idea of the prioritization of paying off loans.To me, it only makes sense to consider the principle of the question for the initial prioritized list. I believe that conside...

Have you ever made an offer at 50% below asking or more?There are several properties that have been on the market for 6 months or more in my target market which are vacant.  Some of these sellers are probably getting ...

We have a rental opening up Nov 1, and have one applicant with a credit score of 790 offering to pay the full years rent up front. Red flag?Thank You

Hi BPers,Looking at a multifamily property (4 units) that needs a considerable amount of repairs (~50k). Does anyone know of a lender that is willing to lend for the repair costs as well as lending for the long term, ...

I'm writing you to save you and yours from dealing with a thief, a liar and a fraud. Read the entire message and inform everyone you know to prevent others from experiencing such financial loss.
On 3/26/19 Sean Richw...

Questions for commercial investors out there: 1. When underwriting an building purchase with attached absolute NNN lease, what diligence items do you typically request? 2. Do these items change for you if the property...