Buying a $50,000 property for $5,000... Too good to be true?
I have obtained a list of properties and the amount of property taxes that are over due by the homeowners.These homeowners have not yet lost their prope...
I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
Hey Everyone,I am looking for creative ways to fund my 1st deal. I've missed a few opportunities because I didn't have a plan for financing soon enough and I would like to avoid this problem the next time. Does anyone...
Hello BP community. I'm on the verge of firing my GC and need some feedback. I don't want to make sure I am being fair and not overreacting.Background story. Bought a 5-plex we knew needed some work, floors had 5-6" d...
The house is in Michigan, Wayne County.
So the company below, Kondaur Capital Corp., bought my mortgage at the foreclosure sale. They called me and wanted to work with me to get the house sooner than waiting for the ...
Hey everyone,
New here to bigger pockets, tons of knowledge here. I have been searching for a while now, but still always on the search for more info/or anyones personal experiences. If this has been done before, my ...
We're working with a title co. we've used for years on a deal we have that's in foreclosure. We always do our own unofficial 'title searches' before submitting an offer and/or putting a property under contract.
So I ...
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Elmira.
Purchase price: $98,700
Cash invested: $7,000
First deal. Appraised at 107k bought for 98k using FHA loan. Looking...