We rented a unit to 2 girls. They signed one lease. From day one they each paid their half and acted like they were separate in paying rent. They technically broke the lease when they took on a pet in March, but due...
I've seen some threads about paying down student loans vs. investing in real estate. Usually great material; par for the course here. However, I haven't come across one discussing my situation. So I thought I'd start ...
Hello BP Family
I've come across a deal in the Upper Marlboro, Maryland area that requires someone with short sale expertise.
The deal is probate. Decedent owes $260K which is the retail value of a home in good con...
Good Morning Investors, to make it short and simple I'm a brand new investor looking to dive into the real estate world. I've been going over all of the material biggerpockets offers and then some. I'd like to ask for...
I am completely new to this, so forgive my abundant ignorance. I've found and MF 8 unit building in a pretty good location. All units are 3/2 1080sqft. Actual 2014 numbers are as follows: potential yearly gross inc...
Back in 2005, I had just purchased a set of properties, some to make into to rentals, some to flip, some personal issues came up, then of couse, the crash! I have several foreclosures sitting on my credit now.
In ...
Hello! My wife and I just completed our first deal a few months ago! We bought a single family home and lived in it for a few months before renting out for student housing. After the leases ended, we fixed it up and s...
Hello everyone,
I am new at RE. In my country (Peru), when you refinance, that gets you kind of a bad image as banks and other lenders tend to think you were not and wont be able to honor your debts. Just won...
If a person does a short sale and receives a 1099 as if they collected money.. the difference between whats owed and the short sale price... Is there not tax implications?
BP friends, Forgive my ignorance on bank financing and how financial institutions calculate debt to income but I am seeking a few answers. I am in the process of getting Pre-Approval for the Fannie Mae Homestyle Renov...