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We have a friend that has moved from Iowa to Texas but has a home that needs about $50k worth of work on it.She has very limited funds if any. I have agreed, if we can get a contract for this, to take over her mortgag...
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Hi All, I am planning to build a few spec houses in Las Cruces, NM on lots owned by the original developer. I am wanting to partner with him and use the lots as collateral for the construction loans, but not pay for t...
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Greetings!
I plan on meeting with a seller soon and could put in an offer if I am able to get the property for the price I have in mind. I extracted and copied the major milestone dates on my offer form below, but I ...
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I'm a newbie real estate investor with only 1 deal under my belt. I happen to do well and want to expand. Thank you Bigger Pockets. Luckily, my father is selling his San Diego house and I happen to find a deal that wo...
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I am working with a good Realtor and I make offers well above asking. I just lost out on another offer I made. It will be interesting to find out the winning bid upon closing. The house before this I made a cash of...
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I am buying a condo without a title company. I know most people will say to use one, but I've done the title search and am confident that the seller is the only owner and that the only encumbrance is a mortgage. I als...
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I just bought a property that had tenements that were older and lived in the house for about 10 years. It came out during the inspection that there was a sewer line blockage and the tenants confirmed there had been “b...
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Ok, so I’ve recently begun looking at taking on some partners so that I will be able to do more deals. Mainly buy and hold, but the option of flips could arise in the future.
I now have two people that are willing t...
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I have an opportunity to invest in a real estate related opportunity, but instead of being backed by any hard assets, such as the property, the borrower has agreed to personally guarantee the loan. I know this individ...
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Just purchased a large 5 units with multiple section 8 tenants in pending evictions that have been going on for at least the last 3 months if not longer. For the terms of my loan I need to occupy one of these units wi...