Thanks to the help found on BiggerPockets I am finally trying to get started in real estate investing after wanting to do so for 25 years! I've read and studied a lot and have been analyzing deals using the calculato...
I've found a property I'm interested in which a 'notice of trustee sale' has been issued and is 'scheduled' to be auctioned in a couple months time.It appears to not be completely repossessed by the lender and the own...
In my practice we have had a couple recent deals that involved Option Contracts so I wanted to share some different ways to work with a potential client that is involved in a Lease with Option to Purchase Contract. Mo...
Hello, I am looking to finance a mobile home park in Illinois. I have 20-25% to put down. Purchase price is $295,000. Cap rate is ~12%. Can provide more numbers and financial background on myself. I have great cr...
Everything has went smoothly. Bought the house for 12k, put in 27k in reno. Listed for 78k and got offer in 11 days for 75k which I accepted. She quickly ordered an inspection and sited 3 very small items which have b...
Hello BP! I've been around the REI arena for years. I've overcome many obstacle in this game but his one has me stumped. I'm working with the daughter/heir of a deceased home owner. She's signed a Release of Authoriz...
Are there options for HELOC with little income and good credit?. Paid off my mortgage for my house a few years ago. For my income, have an okay gross income but when deducted shows little income. Have an above 700 cre...
BP folks - Need some advice here on a pre foreclosure deal. The owner's house is set for auction in a few weeks and I'm their last hope of keeping a foreclosure off their credit. They owe 150k. I'm planning on bringin...
In need of advice on a creative way to move forward on a contract I signed. This purchase is one price for two properties on two separate parcels, a primary residence for myself and a carriage house that is divided in...
I'm looking to purchase a multifamily, which would be my first investment property. I have some family members that are interested in putting in some money to help cover the down payment in exchange for equity and a p...