Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
Pete Sloa
HELP!! Bought 2nd mortgage on Judicial sale in Illinois, Cook ct
So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
Zach Mitchell
First Rental - 4% Rule Quick Opinions Needed!!
I am looking for some quick opinions on the deal below. Can I really go wrong with this?? I have submitted the contract and just waiting on the seller to sign but we have already agreed verbally. I have been looking t...
Cherilyn Williams
Tenant with Late Rent Payment Twice within 4 Months!
I just bought my first investment property, a SFH in January. My tenants moved in March 6, 2024. I require that my tenants sign up for automatic rent payment through Rentredi in order to lease from me. It is stated ...
Tyler Carpenter
Buying on contract?
How do you go about buying a property on contract, to where you name is at least mentioned in the deed somewhere? The reason I ask this question is because what im looking to. I may or may not be able to accomplish th...
Jim K.
Do You Understand How Ugly This Is Going to Be?
There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
Clay Manship
Diary of an FHA 203k Loan Deal
Hello BiggerPockets family!Well, it's official. After a lengthy process, I have finally put my first personal residence under contract. It is a 4-unit apartment building, which will allow me to utilize FHA 203k financ...
Greg P.
Getting Started. How & What would you do with $750k? Suggestions?
Hi Everyone,
I’m seeking advice on how to get started in real estate investing with a decent amount of liquid funds available to deploy—roughly up to $750K.
Currently, I’m working in the corporate world but looking...
Luke Aubut
Bought house at sheriff auction, someone else bought it day befor
Help please! What are my options?I was high bidder at a sheriff auction a few weeks ago. I paid my deposit immediately to the clerk of court. While preparing for closing, the title company finds out that the seller wh...
John C
Raise Rent Letter
What is the best and most polite way to word this letter to get the rent and keep the tenant??