Michael Waite
How do I protect my interest in a property purchased at auction
A friend purchased a condo in Miami that was offered at auction for $20,000, the amount owed to the condo association in past due fees. He tells me that the lender still has a lien on the unit. He assumed that the ban...
Thomas Watson
1st Position Foreclosure
What happens when you own a first position note that has an unpaid balance of 9K and there is a 2nd position for 40k and 3rd for 80K? Is the 1st position considered the senior lien if you file foreclosure? The home is...
AJ Wong
1031X Strategy for out of State Coastal Properties
As a licensed RE broker in both Oregon & California specializing in investment and absentee investors, I've noticed a significant increase in interest for exchanging proceeds from the sale of California properties...
Alazar Wubet
Flipping in D.C with a maryland LLC
Hey guys is there any problem if i invest in fix and flip properties in D.C but have a maryland LLC?
Morgan Chan
Subordination agreement with 2 loan
i am looking into going into a trustee sale on deed of trust for $300,000 by evergreen "second lien holder" but after getting a title report i see there are a Subordination agreement between CTBC "first lien holder" a...
J Newman
Loan from 401k when retired
My husband was able to retire fairly young from a government job. He has a 401k, but he is retired. We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he t...
James Harper
Looking for Non-Recourse Loan Lenders for my SD Roth IRA (Besides NASB)
I have one property in my SD Roth IRA that I will be paying off the current Non-Recourse loan at the end of this year. I am looking to leverage this paid off property with another Non-Recourse Loan, so I can use the ...
Account Closed
House Flipping Chart of Accounts
Hi all,
I'm trying to get my accounting system set up for my house flipping business.
I set up a free trial of quickbooks, but I've recently made the decision to switch over to waveapp.com
I was wo...
Matt Maki
Duluth, MN REIA
I recently moved to the Duluth, MN area from the Twin Cities. I have not found any real estate groups while searching online so I'm wondering if anybody in the BiggerPockets community knows of any meetups in the Dulut...
Justin Rocha
title issue with flip house
I purchased a single family home for cash in October 2013 to flip. This was an estate sale that went through probate before closing. Also i purchased title insurance and they deemed the title clear. I put 65k into ...