I am looking at buying a foreclosure at a trustee sale.  The homeowner has filed bankruptcy twice in the last 6 months.  As I understand it there would be no automatic stay if they file for a 3rd time in a year.  Is t...

Hey everyone. I've followed BP for years but have become serious more recently. I've read multiple books and through some of the forums and blogs. I'm considering doing a short term rental (duplex) in the Playa Del Re...

Hi, So when making "lists" it is standard to look for absentee owners with 30-100% equity in the home.  What would be the motivation for someone to sell at a low price if they have 100% equity?  A family member death ...

Without boring everyone with the story, I'll keep it brief.I had a house that went under contract mid June (never listed it on the market). All inspections/appraisals took place. Come mid July (original closing date),...

I have been traveling for work and I am moving back into one of my multi family homes. Anyone know if I have to live here for some duration before refinancing?

My mailing and business address is a relatives since I ...

Hello everyone. I am nearly ready to purchase my first property potentially through Memphis Invest. I plan to switch the title to my LLC after closing. Lenders have to option to call the entire mortgage balance due if...

So, i'm scouring Loopnet for commercial multi-family opportunities. I've noticed that many of the properties that list brief financials on loopnet have terrible overhead/operating expense ratios.

For example a huge 2...

This may be a stupid question, but I thought I'd ask anyway.

If you make a contingency-free, cash offer on a property, can you still mortgage it? That is, if you we're to decide after the agreement is signed ...

I'm considering setting up a checkbook LLC IRA with some old IRA money I have from old jobs in order to do a few buy and hold deals with non-recourse loans. I would set up the LLC in NC, and it seems like the setup fe...

Im thinking about investing in a 25k single family home thats actually valued at 57k. Will i instantly have 25k usable equity?