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So a contact (birddog for all intense purposes) calls me with a deal. Owner with a rundown inherited house, was going to fix and sell, and now fell ill, needs out. I put the ARV at 210. Needs some work but I dont see ...
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Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
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This is going to be a wall of text, but I think it's necessary to lay down proper context.Not so recently, I took a job for the rehab of a house. I had to wait a little bit since I don't want to put anybody in the hot...
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I've been reading about lead generating websites and SEO and PPC campaigns. Can one expect success by just creating a website through Lead Propeller for example, and paying the monthly $49? Or is there more that has t...
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I'm looking for tips on how to bypass the minimum 1-year requirement on an FHA Loan. I am currently house hacking a duplex I bought in March 2019 and just recently bought a SFH on June 1st. The duplex is under an FHA ...
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Hi everyone, I am a newer investor looking to understand the process of setting up a subject to deal. Ive read some BiggerPockets forums on this and I do understand that the bank has the right to proceed with the due ...
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I have a 4 bedroom house that is rented to four college roommates. Suddenly I got a call from the fire department saying we didn’t have a fire inspection when changing the tenants last summer. The fire guy came, inspe...
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The last time I wrote about deeds I discussed the different forms of deeds, such as Quit-Claim Deeds, Security Deeds and Warranty Deeds. Look for “Doing the Deed” elsewhere in BP. This time I’m going to discuss sever...
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My question is if you are trying to assume a non-recourse loan would you need a sponsor for the net worth or is that up to the bank?
From my understanding a non-recourse loan they (the bank) cannot come back to you p...