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Results (10000)
Jon Kelly How to structure partnership / multiple investor deals
19 September 2018 | 13 replies

Hello BP Community, I've started building a small portfolio of 4 properties and 15 units. I'm interested in expanding, and one way to do that is to bring in additional investors. I'm struggling with coming up with how...

Kimberly Rice New investor- Need advice on bank owned property
14 April 2016 | 3 replies

Hello all, so here is the deal;

Bank owned property listed at 153k

After seeing, I offered 155k plus closing (7k) which brought my offer to 162,500k. Still not too bad but possibly too high for bank owned.

I elec...

Danny Farrell I found a great deal on an amazing triplex, but it has a lien.
14 August 2017 | 6 replies

Hello, I'm looking into buying my first investment property (I'm in Los Angeles), and I found an amazing triplex, which is way under market. I found out that is has a lien on it, because the owner built an additional ...

Ahsan Faheem Seller doesn't want to sell to LLC
6 October 2021 | 10 replies

Me and my friend/contractor put a all cash offer to buy my neighbor's house in Los Angeles. I created a LLC for which me and my friend are 50% owners. We have a proper operating agreement. provided proof of funds and ...

Julian Zamora How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies

Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...

Rich Weese Commercial lenders are tightening their requirements
25 April 2020 | 10 replies

I just had an apartment transaction fall through yesterday due to changes in lenders requirements for buyer. The lender reduce the loan amount by $1 million and required a reserve account set up for 12 months P ITI, $...

Anne Williams ASSIGNMENT OF CONTRACT/ how does it work? Should there be a fee?
6 July 2020 | 4 replies

Greetings BP,    I recently came across an off market property for sale located close to the Central Ward in Newark.   The asking price was 150,000 and I offered them the full amount to purchase the property. Currentl...

Jeff Norton Buying 1st Investment Property Questions
30 March 2019 | 2 replies

Hello Biggerpockets community!  I am about to go to contract on a townhouse that is located directly across the street from my son's college.  I am doing this because I am currently paying $10,000 for his dorm (not in...

Cody O'Connor House Hack Down Payment
29 April 2022 | 9 replies

Hi Everyone - I am looking to do my first house hack in New Jersey. I want to purchase a multifamily unit that has one 3/3 and one 3/2. My understanding is that I would be able to do this with 5% down, but I just got ...

Account Closed Put offer on First Property
14 September 2011 | 8 replies

I have recently submitted an offer on a bank owned (Bank of America) property. It has been over a month and I have still not heard anything back from the bank. Should i move on? I'm new to this process and don't hav...