Barbara Warren
Properties with Mortgages
I have an off market property I am looking to put under contract. The owner owes a mortgage and has said that the mortgage would have to be paid off at closing. The property is in North Carolina. What form would I use...
Chris Mason
FNMA will count lease option higher rent towards down payment
Who knew? Take a look at this little guideline from the 2005-2007 era that doesn't appear to have been significantly revised:The biggest problem I see here is that FNMA isn't going to honor whatever you write as the r...
Damir Mujkic
2021 Flip finishing in 2022. Tax Implications?
Hi,I have a property that I punched in 2021 and will be selling in 2022. Do I need to complete a Schedule C for 2021? Thanks!
Michael Rabb
Bed bugs in Boston 3 family
Inspected and closed on a 3 fam near Boston last week- one unit vacant- two TAW's below market. A friend needed the vacant unit for a few weeks but reported bed bugs the first morning and left. I was going to increase...
Cassandra Sifford
LVP Flooring Question
Good day BP peeps!!! I just purchased my 1st investment property. We did the demo and removed the carpet and padding to try and reveal the cement slab floor. My contractor advised that it looked like the original f...
Daniel T Stockman
General Advice: Short Term or College Tenant Rental?
Hello BP!My wife and I own 2 - 4bed/4bath townhomes in a college town. They both will be self managed and produce positive cashflow and a strong COC ROI. My question is related to us considering shifting our focus to ...
Jamal Horry
Newbie starting up "again".
My question: how do I start?
Background: 44 y/o, the SFH went to me for sole ownership after my recent divorce; Line of credit: 40K used during marriage and 67K left; I currently have tenants while I’m abroad and not...
SHanshan Weng
New member from Southern California ^*^
Hi my name is Sandra, thanks for having me here. Thanks for having such professional and great community to learn from the best to succeed in the real estate. The reason I want to succeed is to show people like me (fi...
Christian Hutchinson
Bought new MFH Unit, the last remaining tenant moved out
I just purchased a 3-unit property in a Metro Detroit Suburb in Wayne County, 4/1/2019. The tenant dodge for the first 10 days of the month, then said they were moving out.The property appears abandoned, but some per...
Joseph M.
Hello from Omaha, NE
Hello, BiggerPockets. I'm Joseph from Omaha, NE. I've been reading this site and others about REI for some time now, and I'm almost ready to make my first investment purchase! I'm looking into purchasing multifamily p...