Joe Carraway
Info on my personal situation
This is my first post as a member here on bigger pockets. I was hoping to get some general information that could help me purchase my first rental unit. I have been interested in rental units for a few years now and I...
Kent Baltare
Interesting contract situation- advice apreciated
Here is the scenario,Signed a purchase contract 4 months ago to buy a home that was being constructed. Purchase price is $X and I gave a 10% down payment, as per our agreement. Since then there has been an uptick in...
Dan Robinson
Weird ELOC situation Catch-22
I'm trying to get a line of credit on a rental. I borrowed money from a relative to refinance it many years ago so I have a "mortgage" in some sense, but there is no lien filed with the county. Most banks don't do equ...
Emily Hassler
Potential tenant - divorce / money situation
We have a unit available for rent for $2,000.00. We were contacted by someone we are acquainted with (barely know) who got divorced last year and is required by the divorce stipulations apparently, to find and pay for...
Terri Pour-Rastegar
Helping former tenant/creative situation
Hello. I've been investing for about 8 years now, but have never done anything outside of an outright purchase with traditional financing. I have a homeowner in a tough spot, and she's called on me to help. But I n...
Larry Spradling
Advice on a horrible situation
Two years ago, I was brand new to real estate and transferred my IRA to a self-directed IRA. I was introduced to a company called Growth Equity Group that specialized in turnkey rentals for folks like me who had IRA ...
Lauren Nolan
Newbie in an Interesting Situation
Hello Everyone!My name is Lauren and I am a brand new BiggerPockets member feeling motivated and COMMITTED to beginning my real estate investment journey. That being said, I am in a bit of an odd situation and am look...
Samuel Coronado
Next Steps for This Situation
Has anyone else faced something similar? What did you do?I am in the process of dealing with a difficult client. He moved in October 2023 and began missing payments in December and hasn't paid most of January. He is n...
Harris Harris
Double closing property tax situation
I bought a house six months back in Houston area by double closing. I'm the end buyer of the property. The escrow officer emailed me last month that the proration of the property tax was erroneously based on the non e...
Max Weiss
Cash Out Refi Tax Situation
Hi all,
Fairly new to posting here. Wanted to get some feedback for using a cash out refi on two residential properties to fund the downpayment for a multifamily purchase. I also have access to another moderate amount...