I own an now long since abandoned house in NJ.  There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property.  The town used to clean up the property and then put a lien on the p...

Back in November (2014) I closed on my first REI property.  A 'turnkey' duplex in Chicago.  I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...

I’ve wanted to start a flipping business but I know that limiting myself to only flips locally won’t be as easy to scale unless I include wholesaling abroad. Although I struggle with starting because I’m unsure of whe...

I have learned that having the right tools can not only save you time, but you can do things you thought were impossible. When I say tools, I am broadly including processes, chemicals, machines, etc. What are some gam...

I've read a lot of posts about this, and am still a bit confused. If I am purchasing property that the asking price is $99500 and the appraisal is at least $155K which makes under 65% LTV, if I am getting a hard money...

Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...

Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...

Hi,

I am having some confusion on how to develop a working relationship with a contractor, so I am hoping someone here can help me. As I work on expanding my business, I am working with a contractor who just finished...

I am thinking of buying and selling notes, but I only know a little about it at this time, any good advice, suggestions or help out there? please let me hear from you.

Heres the situation:

The house is owned free and clear

Seller is motivated but not desperate. It was listed on MLS and didn't sell.

ARV: $150k

Rehab est: 20k

My cash offer: 80k

I...