We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the hous...

I'm a total newbie. I've never purchased any real estate before.  I want to make a bid on a 6 plex.  My question is concerning the inspection.  I understand it is expensive to have it inspected.  What happens if it do...

Hi,I through buying my first investment property and i have a question regarding estimating the maintenance costs.After checking a foreclosure house which has been winterized, if my offer is accepted and i get a home ...

My partner and I purchased a 6 unit complex in Shreveport, La. roughly 8 months ago. The property is in a less than attractive neighborhood however Shreveport is very block by block and sometimes home by home. After o...

lets say in 2006 somebody bought a house for 200K (Chicago, IL). it appraised back than and the note was signed, mortgage was recorded. Then the note was assigned several times. Now the house is worth around 20k in as...

Hello seasoned landlords:I am heading into my first tenant transition on my first rental property. The current tenant is in the process of buying a home and expects to close the end of february. Our contract is on a m...

Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.

Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...

Hello,
I have a property under an HML that I was gonna BRRRR instead I’m going to sell because I underestimated rehab, rents and loads of other mistakes I made. The property is still in distress and I put it on the m...

I have a home owner who wants my help in selling her home by doing a lease option. The home is in good condition but has negative equity. They have not missed any payments. I am trying to do a cooperative lease option...

Ok, well, here we go. My parents just sold a commercial property for some money and stuck it into a 1031 account. They took out a equity loan against our house, so we have zero equity in this house. We bought this ...