House popped up in my neighborhood and young guy is wanting to sell quick. Dad passed away and he lives in the house but needs rehab. I don't want to miss anything and make a fair offer.Scenario: Owes 132K. Houses in ...

I want to buy a property to use as my home residence. I want to do a Subject To with the owner. They owe 65K left on their mortgage. The house appraised at 100K. I'm going to buy it for 90K. The remaining 25K I want t...

I heard of the strategy of flipping subject-to's. My understanding of the concept is to identify a motivated seller with a nice property with a good loan with little to no equity. Offer the seller 1-2K to get out of p...

Here we go! Been saving up for the last couple of years to pull the trigger. I lived and worked in NYC until October 2020. I’ve wanted to break into real estate for forever. Dabbled in BiggerPockets here and there to ...

Hello,
So I just applied to a broker that offered me a loan
$210,000/30 years with 10 year balloon/5% interest....broker's fee $5,000 or so
I am really excited to finish it and pay the fee, but I may just be over c...

Hi everyone, I recently closed on my first rental property and I'm curious about how to track closing costs correctly. Do they apply as "miscellaneous" expense (which I can deduct when I file the taxes of the current ...

First time poster here,I've been renting out my first home for the last 4+ years (same tenant).  Just recently, I moved from Virginia (where the rental is located) to Florida.  I was trying to sell the property to the...

Ok. I Recently closed my 1st deal on 2 SFH's with a conventional loan. I wanted to transfer the properties into an LLC but my attorney says that technically it's against the clauses in my loan to transfer the loan to ...

A good friend told me of a property belonging to the family of his kid's friend.  Father passed away a 6 months ago.   I'm  told by my friend: $70,000 back taxes due.  I checked two most recent installments paid. Wife...

How's everyone doing, So I've done some research on how to best protect my personal finances when starting my investment career and so far I think I've come to the conclusion that an LLC is the best answer. What are y...