Ryan Fox
insurance requirements for hard money
I’ve been doing private lending for a while for fix and flips. I’m not sure the insurance requirements that I’m requesting from borrowers are appropriate. These are the rough numbers of a deal I’m currently underwri...
Samuel Fletcher Hardy
How to break a lease?
Hey guys,I have a tenant that has asked to be let out of his lease, I am ok with it because he is consistently on rent and has broke 3 of his 4 windows in his apt. He agreed to forfeit his deposit in order to pay this...
Jojo Banks
Earnest money held hostage - please help...
I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
Divya R.
What can you use the EIDL loan for?Downpayment for new properties
Is that okay? I applied for the EIDL loan as a just in case the renters dont pay for a few months, but can it be used to buy more properties?
Shanequa J.
Seller raised price 2 months after contract
2 months ago the bank accepted an offer for a short sale. Repairs were made and new appraisal was ordered. It came back higher. Now the bank wants more money because they said since the previous owner had a VA loan VA...
N/A N/A
Purchasing foreclosure question
Here is the deal. I am interested in a property in Will County, Illinois. The owner filed chapter 7 bankruptcy. He gave the property back in the bk. I finally got ahold of the bank that has the delinquent mortgage...
Ben Smith
Las Vegas Condo Tenants - To cancel Eviction or not?
So I have a rental property in Las Vegas, where my tenants have been unable to pay since May; they have otherwise been great tenants until then. Well this quickly burned through all savings I have made for this unit. ...
Juan Pardo
Understanding Title in the United States - Foreign investor
Hi all! I created this thread as a spin-off from this other thread:
We Loaned on a Stolen House
https://www.biggerpockets.com/...
I am trying to understand the differences about closing on a property, and particula...
Vasyl Magura
Accepting BitCoin as a Form of Payment for Real Estate
Read an article about a Texas home being sold for bitcoin, and this gave me an idea.I personally don't buy into bitcoin or any cryptocurrencies, but I see an opportunity of turning crypto into cash instantly.Sellers c...
Tyler H.
Need help understanding this lost HUD bid.....
So last November I submitted an offer for a client on a HUD home, during initial owner occupied period. The home was listed @ $200K. Our submitted NET offer was slightly above asking price (conventional financing).......