Adam Wright
Refinancing a Performing Duplex with no W2 Salary (Laid Off Work)
Hello! I've talked to several banks, and they won't cash out refinance a duplex I had bought in my name and have owned for 5 years because I don't have a W2 job due to being fired. The property cash flows and was appr...
Account Closed
Seeking seed capital, best methods
What are some of the best ways to attain seed capital, aside from the obvious - raising it yourself?
Graham Nash
USDA short sale situation
BP,I found a solid little brick house that is vacant. I located the owner through the tax assessors website. She lives out of state. I contacted her through Facebook asked her if she was interested in selling the hous...
Larry Simmons Jr
Tax Lien Question
Quick Question: If you find an owner that has a lien and is about to lose the property. Can you get them to deed you the property before the sale, and then get someone thats looking for that kind of home to pay you a ...
Steve Karpinski
Local Bank Financing Question
I am currently trying to set up my funding for a flip. I found a local bank that loans on fix & flips and the terms seem better than the Hard Money lenders I've talked to. They will loan 75% of the purchase and 10...
Jairo Freyre
Section 8 apartment/elderly home with a 16.40% Cap Rate??!!!!!
A friend and I frequently browse through loopnet to analyze deals on properties as practice should we ever decide to pull the trigger and we ran across a $1.4 million dollar 30 unit property in Florida with a cap rate...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Julia Allred
Private Money Lender
Hi everyone, I have been looking to establish relationships with money lenders. I am wondering if the terms sent to me by a private money lender are normal? I am copying and pasting them to this post to see if I can p...
Michael Kevin Kras
2 unit rental property and Home equity line of credit
Hello everyone my name is Mike Id like to introduce myself to the community. So excited to be a member of Biggerpockets and to begin my way to the top! My question is i am looking for a 2 unit rental for my first prop...
Michelle Lenahan
Trustee Sale Cancellations
We continue to see and hear about weird cancellations of Trustee Sales. On many we have confirmed there is not short sale or modification pending and yet the sale is cancelled. Some homeowners are angry because they ...