Ty Wesley
Williams & Williams Auction
Hey everyone. I'm a newbie working in Philly, Pa and I just wanted to get some opinions or experiences on the Williams & Williams auction. I've read some of the older posts about them on here, but has anyone atten...
Chris Avery
Management Company Fraud
The management company in Indiana has been collectng rents but not paying me. (owner) How is the best way to put presure on her to pay the $20K that is owed?
Matt Hietbrink
Sell or continue to buy homes
I have a single family home that is an investment property. Our tenants are going to be moving out in a month and I am trying to figure out what my next step should be. 1. Continue to lease out the property and hold ...
Nancy DeSocio
Seller financing: How would you pitch this?
Hello BP community!
I'm in my first attempt to negotiate a seller-financing deal and trying to research if there is a benefit to the seller to receive a higher purchase price vs a higher interest payment? As an exam...
Donald Telfair
Borrowing Money From Friend Then Refinancing
I have a friend that is willing to let me borrow a 100% of the investment property cost. We agreed upon 6% interest rate. I have to pay them back within a 12 to 18 months. This property will be a long term rental. The...
John Wood
Why do Banks Buy Mortgages in Bankruptcy
I am looking at a property that has been tied up in a chapter 7 bankruptcy for a couple years. The property value is likely below the debt against the property. It appears that Seterus bank took the mortgage as the ow...
Mack Owens
Quit Claim Deed / Finding Lender - Please Help!
Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
John Yoo
Refinance multiplex (4 units)
I purchased 4 unit property in 2022. Purchase price was 250K and rent was $2225. Now all the rents are near the market rent (i.e., $4041). I didn't do any rehab but replace the flat roof.So here is my question. If I s...
Neel Shah
EIDL SBA Loan advise
Hello BP,
I got message from EIDL today stating: "Your SBA Application No. *** is ready for the next step. Create your SBA Economic Injury Disaster Loan Portal account to provide additional details or requested docum...
Snehann Kapnadak
I Think I Found A Deal. Now What?
Hi All,Hope you're enjoying MDW! I have a "layup" question that I'm actually struggling with. I think I found a good deal but not sure where to go from here. I've analyzed it in greater detail and the numbers look gre...