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I am chin deep in a 203k and days from closing but my brokerage company has screwed me good. Please continue reading to get the whole picture...Ive been working with a loan officer for months now trying to close on a ...
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Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
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The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?
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I’m evaluating my first deal and staying local (Washington DC) means high prices and low rents. I would tie up most most of my initial investment cash in a property that barely generates cash flow from what I see her...
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In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
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Hello, all,
I just recently joined BP after enjoying the podcast for some time now and I feel I'm in a great position to find / acquire my first rental property for house hacking, and would love and appreciat...
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Hey BP,I have a CA LLC (yay, $800/year!). I'm wondering if someone can give me an actual example of "what to do" or "how to do it" as I start buying investment properties out of state. I WON'T take it as legal advice,...
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I recently put a property under contract that was on a 1+ acre lot. I had a meeting with the country and they said that it appears that I am able to subdivide the lot into 3 lots - keep the existing house on one and c...
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I've dove deep into the realms of real estate wisdom, heard every guru spiel, and read more how-to guides than I care to admit. Yet, here I am, stuck in the bog of analysis paralysis, feeling more confused than when I...
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I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...