Tyler Labelle
If buying a house from family member
My mother in law has a rental house she is thinking of giving us for 50% of its value but we would need to give that 50% to my sister in law and would prefer to pay the smallest amount of tax to make that happen. hou...
Aaron Sims
Tenant moves out
Have a tenant who gave me his 30 day notice. Lived there for 15 years ... So he told me to keep the $500 deposit because he was going to leave everything in the apartment building which he did. He left the place ...
Matthew Orr
Should I sure for specific performance?
I am currently under contract with a wholesale deal that was to close on Monday. The property is being purchased at 103 with an ARV of 375. The wholesale deal is at 81.5. Everything on my side was set to close, and th...
Nerissa Vento
Structuring owner-occupied apartment
Hello BP members,
My sister and I are looking to purchase a 3 family apartment complex in which she would be using her first time home buyers credit. We will both be living there and we both want to split th...
Khalilah Craddock
How to get financing when I don't have enough income
My sister and I are trying to get into real estate investment. My sister was going to put the loan in her name and we were putting in both our money for the downpmt and closing cost. However she could not qualify for ...
Liza T. Jones
Free and Clear home given to me
Hello All, While real estate had been always been on my mind, buying or investing sometimes felt like a good idea without a path of action or my life was too crazy busy. Nevertheless, my parents have a home and as my...
Brook Davenport
Replacing Floor Joist/ Moisture in Crawlspace
I came across a property that dropped out of contract this morning with highly motivated sellers. Inspections from the previous potential buyer came back, and there was moisture in the crawlspace and the floor joist n...
Travis G.
I need direction
Hi! My name is Travis. I am currently a leasing agent in Chicago and I am new to bigger pockets. My sister introduced me to this site to gain info. So I am basically looking for someone who can educate me on being a r...
Wade G.
Section 8 question
Does anyone know if you can rent to a family member that is enrolled in the program? I know it may sound kinda like a scam but I have a disabled sister that will someday soon need assistance. I know it's not a good ...
Jennifer Appelman
Replace sill plates in a garage
Hi All, I am looking at a property where the garage sill plates are 3/4 % rotted and in need of replacement. Does anyone have experience with this problem. Is it a costly repair or should the garage be demolished? Th...