Troy Knight
That time an investor you probably know, took me for $40,000
Some of you have seen my posts on here and they are generally providing help to others. I'm not necessarily asking for help here, but any professional input and advice is certainly welcome. Last fall I began talks wit...
Jamie Wooley
The 70% Rule...Does it really hold true in Today's market?
Hello All, I am a new investor in the DFW market. I am looking for a house to purchase wholesale as we speak to rehab and having trouble doing so. One because I am new to the industry so my contacts are slim and two...
Gayle Melnick
First buy and hold deal Baltimore city
Hi all. I wanted to share my first deal here as I've seen some other people do. I learned a lot during this process and wanted share with others.
The house is a 3 bedroom/1.5 bath in Baltimore city in Harwood, a nei...
Nick B.
Two company LLC structure as asset protection strategy
I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...
Nephtalie Pierre
Seller installed fence on next door neighbor's property
I currently have a property under contract and recently discovered that the seller built their fence on the neighboring church's property. The seller's agent informed me that the seller discussed this with the church ...
Mark Forest
Subject to ?
I know the legal definition of taking a property “subject to” is that I would take over the payments of the mortgagor. I would not be liable if I could no longer make those payments.
How do the mechanics of this wor...
Lynn Henley
Quit Claim Deed with Short Sale
Is anyone getting the homeowner to sign over a Quit Claim Deed to you? If so, are you then able to negotiate directly with the bank to get the mortgage reduced?
This would be like a Subject-2 transaction, so...
Jennifer C.
NYC Owner Looking to Put Equity to Work
Hello BPers,I'm a former real estate agent. My current job is taking care of my kid and trying to make my house make me more $. My goal is financial independence for my family in 5 years. We live pretty simply, so we ...
James Peoples
Probate ?
I mailed a letter to executor of an estate and received no response. I have their phone number from the case file, should I follow up with them with a phone call or wait a few days and send a follow up letter?
Steve Trotta
Bank Foreclosure - Complicated Situation with Former Owner
Hello Bigger Pockets - I have a somewhat complicated scenario I was hoping to get some advice/guidance on.I have been following a bank foreclosure that's been on MLS for about a month. It is a site unseen purchase as...