Mooko King
Tenant screening question
New to being a landlord here. So I am in the process of evaluating an application from 2 sisters who will be on the lease and living together. One of them has good credit (730) and good income (4x rent), but the oth...
Curtis H.
Possible $100K Wholesale?
Hello BP Members, Here is the scenario. This one is close to home as it's a friend of mine who has decided he is selling his home "As Is" in the Bay Area and moving. The circumstances surrounding it aren't the greates...
Ryan Lucht
Unusual tax situation help on flip
Hi all, 4 people (Myself, my girlfriend, girlfriend's sister and her boyfriend) just completed a flip that will go up for sale this week. Do you have any guidance on how taxes would work in this situation?My girlfrien...
Yul G.
Deal Analysis
Hi All,
Became an instant fan of this place soon as i stumbled into it and have already picked up a vast amount of knowledge. I wanted to present a situation I am currently going through to see if I could get some gu...
Romane Daley
Need!! help making a decision
My sister is selling her house to me; however, we want to do a mortgage transfer since she currently has a 2.5% interest rate, but the bank will only pay what is owed on the current mortgage. The equity she wants is $...
Cherie Harnetz
Advice needed for acquiring a non-performing note
Hi,I'm a newbie to Bigger Pockets and I'm looking for advice on acquiring a non-performing note.The situation is I had a friend who recently passed. She stopped making mortgage payments in Sept 2016 and now the bank ...
Jacob Carlson
Partnership House Hacking?
Hey Everyone! I was thinking the other day how much I really wish I would have house hacked before my wife and I built our house. Now that our house is complete we don't want to leave it anytime soon... We had one of ...
Adam W.
Best Way to Receive House from Parent
Hey guys, new to the forum here. I just finished listening to Brandon's book on rental property and heard about the forum from it.Things that may or may not be relevant. I live in Florida. I'm 39, she's 60. She has an...
Vickie Bruce
Best place to get a real estate loan in rural Texas?
I am looking to obtain a loan for 20 acres in which I already own 50% interest in. It belongs to my sister and I and my sister wants to sell her 50% interest. My sister is only asking for 100,000.00 and the property i...
Richard Hipp
We need help with our first rental.
My sister-in-law is selling her house in a great rental neighborhood. We know the house and all the rehab that’s been done. It’s a 3/2 with a bonus room at a good price. I’ve run the numbers, and it will cash flow($30...