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FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...
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Have you partnered up with someone on a real estate deal, where it got really ugly for one reason or another? Do you have a partnership horror story?
If so, please share it so we can all learn how to protect ourselv...
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I had a great conversation with a friend yesterday who owns over 100 units, all of which are 1-8 unit properties.He told me he is looking to scale up into larger multifamily properties 40-100 units. His claim was that...
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Hello everyone,
Let me explain my frustration. I have been avoiding a full time W2 9-5 desk job in order to focus on strengthening my RE knowledge. Now that I have my finance degree, and tons of carpentry and labor o...
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Totally meant to post this like a year ago. On page 292 of the document, which is page 309 of the PDF. That link is to the servicing guide for Fannie Mae loans that was updated on 11/8/2017, so the page number and inf...
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As the title states, my wife and I are new VR investors looking for the best ROI and cash flow situations with a consistent occupancy percentage (something greater than 65%). Initially, we've leaned more towards moun...
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Hi folks - I'm new to Bigger Pockets and to landlording. As I was getting started, I found a lot of great information here and hope it will be a good place to help me get started.I recently inherited a triplex with 3/...
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Im not sure what to do at this point. I have exhausted several thousand dollars in attorney fees and many hours tending to this situation. We have a tenant who moved in the 1st of May and in the third week of May the ...
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I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...