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We sold a house a couple years back and are now foreclosing on it. They have failed to insure it, so our interest is at risk. When this happens with bank financing, the bank simply gets insurance themselves and bills ...
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Am curious if anyone has ever had the problem of an ARV coming in too high so that you got your money out and then some but then the property didn't cash flow/mortgage was higher than you anticipated?
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Hey BP Nation!if you could rent out your primary residence, but would negatively cashflow approx $200/mo to do so, would you do it? Is there ever a point where the cashflow loss "makes sense" for you? Specifically, I ...
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Hi All! Have a scenario to run by everyone:My wife recently received a job offer in which she would make a lot more money, but we would have to relocate. We are currently own our home which we bought about 1.5 years ...
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What Is An Assignment of Contract?
An assignment of contract is a term that wholesalers frequently use when they are selling their rights to their existing contract. This ess...
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Hi everyone,When analyzing your portfolio and comparing the money-pit sinkholes vs the reliable cash-cow properties, what lessons did you learn? What were the common threads? Was it location, property type, class, age...
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Hey all,Has anyone ever flipped a house that appears to have a high flood factor due to proximity to a small river or such? I know the insurance might be higher (and I’ll check that aspect), but will it affect the ARV...
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I've only invested in multifamily and mixed use property. Curious about switching over to commercial with a existing corporate tenants with absolute NNN leases for min of 10 years left on lease. Tired of dealing with ...
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San Diego CA
My father passed away a couple of years back and we recently finished distributing his estate. My father left me a $300k condo that I am in the process of selling this spring.
I don’t know what would ...
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I’ve been reading through the threads here for a couple of months and have learned a lot. Great site. Great source of education.
I have a couple of questions that have, in some ways, been answered before here, but n...