My offer was just accepted on my first FSBO purchase, which I intend to flip. So far I have had two general contractors give estimates on the rehab cost and all of them agree about the extent of the work needed (total...

Divorced situation.

Husband and wife are owners on record.

House on short sale subject to bank approval.

LA is asking contract to say it is contingent on husband signing quit claim feed.

But...

I'm thinking about buying a non performing note for a small multifamily property. Property isn't in an area where I want to manage it, nor would it be practical as it's about three hours away from me.

One of my exi...

Hi everyone.  We just won a bid on a house, but instead of the buyer accepting our highest and best at 405,000, they countered with:  How about 390,000 but you (the buyer) cover any deficiency in cash at closing.  The...

Hi BiggerpocketsI am trying to better understand the concept of title and the bundle of rights that come with real property.Lets say we have a sub 2 deal in a title theory state. The owner of the property is highly mo...

The lender countered our original offer (250k) with an offer of 285k. There's a buyer lined-up at 340k. Should I try to cut down the 285k down to 270-275k, and increase profits? Or should we not risk getting denied an...

Hello all! So recently i have decided to start my investment property business. I wanted to start with the fix/flip and in the future start with renting too. The problem is i am having trouble finding funding via bank...

2nd position loan questions
How do you insure you mitigate the risk of not being paid back?
For me I use;
2nd lien on target property or cross collateral property deed of trust
JV agreement
Promissory Note
Pers...

I recently bought a building with pre existing tenants. Many of the units have multiple signers on the lease. When tenants move and I return security deposits, should I divide the deposit equally among the tenants a...

Hello-

I'm in the process of doing a short sale for a homeowner who is upside down on her property and behind on payments.

She told me she has close to six-figures in her 401k and some annuity from a previous employ...