Hello all, so here is the deal;

Bank owned property listed at 153k

After seeing, I offered 155k plus closing (7k) which brought my offer to 162,500k. Still not too bad but possibly too high for bank owned.

I elec...

Hello, I'm looking into buying my first investment property (I'm in Los Angeles), and I found an amazing triplex, which is way under market. I found out that is has a lien on it, because the owner built an additional ...

Me and my friend/contractor put a all cash offer to buy my neighbor's house in Los Angeles. I created a LLC for which me and my friend are 50% owners. We have a proper operating agreement. provided proof of funds and ...

Hello, my name is Julian. I am a licensed realtor based in Atlanta, Georgia, and I am currently working on obtaining my mortgage origination license. I am 14 hours into the 20-hour online course offered by "RealEstate...

Hi all,Here's the situation. I own a 6 family apartment building which is situated between a 2 family to the right of the house and a 3 family home to the left. The lots are small. I have just 75' of frontage. The pro...

I just had an apartment transaction fall through yesterday due to changes in lenders requirements for buyer. The lender reduce the loan amount by $1 million and required a reserve account set up for 12 months P ITI, $...

Greetings BP,    I recently came across an off market property for sale located close to the Central Ward in Newark.   The asking price was 150,000 and I offered them the full amount to purchase the property. Currentl...

Hello Biggerpockets community!  I am about to go to contract on a townhouse that is located directly across the street from my son's college.  I am doing this because I am currently paying $10,000 for his dorm (not in...

Hi Everyone - I am looking to do my first house hack in New Jersey. I want to purchase a multifamily unit that has one 3/3 and one 3/2. My understanding is that I would be able to do this with 5% down, but I just got ...

I have recently submitted an offer on a bank owned (Bank of America) property. It has been over a month and I have still not heard anything back from the bank. Should i move on? I'm new to this process and don't hav...