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So, here is the scenario. A couple purchased a house in Massachusetts back in 1979 and continued to raise their family there. I will refer to this couple as the original owners for the sake of this post. They sold th...
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Hi BP forum,I was wondering if someone could help me out or point me towards resources that address how investors work with partners to finance buy and hold properties. Specifically, this scenario: I have some cash fo...
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Today at our local REA meeting our host was talking about his new book and how he couldn't have written it without the help of so many other people. He had started our REA several years ago - giving his knowledge out...
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If you can find someone willing to invest in a rental property with you, how do most people pay back the investor? Do they get a split of you sell the home or do you pay them interest? If it's interest, what's the nor...
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BP,
We are three business days away from our closing date and the seller (4:00pm on a Friday) calls my agent and asks for us to provide a price in lieu of making repairs as originally promised.
As an investment prop...
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Several years ago, my husband and I used the majority of our retirement savings to make a private loan to a real estate developer for a single family home development in a very popular part of town. Years later, there...
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Hello & thank you in advance for your expertise & input. BiggerPockets is an amazing platform and inspired me further to dive into long-term rental idea. This property is a townhouse and has no mortgage. Howev...
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Just saw a major red flag when doing my due diligence on a prospective tenant. Did a rental verification and the landlord says they owe back rent. They list the reason for leaving as property needs major repair. No ev...
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I'm exploring a creative financing technique where the Seller raises the agreed-upon $60,000. sales price of the property by my $15,000. estimate of repairs. That will qualify me for a bridge loan with a 75,000. minim...
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I'm moving to Piscataway New Jersey for grad school and will be there for 3 years. I want to house hack while I'm there rather than paying rent. I'm looking at multi family places and I'm getting excited about moving....