A friend of mine owns a home that is going into foreclosure. It would appear that when the last appraisal was done, a vacant parcel that she also owns was taken into consideration to reach the appraised value. This ...
Went to PA for a Memorial Service, stayed with a cousin, helping with yard work, lawn maintenance rolls up (never met), we start talking, find out he’s a realestate investor, “No way.”, find out he does the Bigger Poc...
Hello BiggerPockets community, would any of the Philadelphia area people be willing to explain all the costs when buying a house (closing, tax, title insurance etc.). I was at a Redfin meeting today and they were sayi...
Hello everyone,Planning to start shopping for my first property in February 2020 and I had a question about lender/mortgage approvals.Long story short, I took out personal loan of $7,000 in July to cover some unforese...
Hello Bp,What is the chance of me getting into a dirt cheap commercial property loan? I see a space available for sale 2700 sq ft space needs cosmetic repair. Price $105k. How can I get this property for myself and s...
I'm looking at a foreclosure that is going to auction and the auctioneer lists this as a HUD "second chance" auction. According to their site, second chance means the home didn't sell to a new homeowner at the foreclo...
When doing a 1031 exchange, I know you have a certain number of days to identify a property (I think maybe 45 or 60). But what happens if you identify one but during due diligence you discover things that cause you n...
Hi. I'm am working on putting a wholesaling deal together. After his aunt passed away, the seller inherited 2 properties (single-family townhomes) in Baltimore County MD, with tenants in them. He has a lease for one a...
I have 2 condos, 1 primary and 1 rental. Looking to by a single home as primary. Can you get approved by letting the lender know that once I buy the single home I will rent out the condo currently residing?
I am new to real estate investing. I ran across a property in post auction. The auction company said it is in HUD 2nd chance option, and they gave me a number too high to pursue. I have 2 questions.
1. What is a HUD...