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Hey BP communityI recently was introduced to an opportunity for purchasing performing and non performing notes (1st and 2nd position). I have little knowledge about it and wanted to know if anyone had good advice of ...
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Hi Bigger Pockets ! I have a question about a note I am considering buying:
So it is a performing note for about $55000 located in Dallas, TX with a 10% interest and 45% LTV. No liens whatsoever. The only issue is th...
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I recently closed on my 1st property in Cleveland and it has been a nightmare dealing with the property management company I hired. They haven't been able to rent it out claiming that I am asking for too much rent and...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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Im wondering if there is anyone with experience buying mortgages right now. Im wondering what to expect a lender to discount an existing first position mortgage on a property that is starting a foreclosure process. ...
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Hello BP Community
I have a situation occurring with my contractor and I wanted to get advice on how to navigate the situation.
I recently purchased a SFH back in early October that needed a cosmetic update and I wa...
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I recently purchase my first house and I want to rent the extra bedroom. I have more questions than answers right now so any advice is welcome. Below are a few topics I could use some help with:- Recommendations on w...
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I'm an OOS landlord and I have an upcoming vacancy at one of my units this summer. I'm interested in finding someone local to handle the showings and the turn cleanup, but I don't need ongoing PM services. Has anybody...
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Hello,My wife and I just closed in our first investment property in Blue Springs MO. We are based in NC and have a local LLC. We need assistance with three questions:1. Do we need to register as a foreign entity in MO...
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September 2022 Housing Market Update for Austin, TX MSA
September 2022 statistics have been released for the Central Texas Housing market. There was a slight decrease in median sales price from the preceding month ...