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Results (6194)
Jared Standiford Selling home w/ land installment contract & existing loan
19 June 2017 | 2 replies

Hello, I recently acquired a property subject to the existing financing on the home in California. There is $60000 left on the mortgage, with 17 years left, payments of $598 + ins & taxes. I have rehabbed the pro...

David Hill 1031 Exchanged Property to CRUT doable?
24 December 2017 | 0 replies

The situation:I have a foreign rental property that I have held for more than 5 years with a gain of $1.6 million (basis was $1 million, current selling price $2.6 million). However the property has a recourse mortgag...

Benjamin Dutil Give it out in slices and it comes back in loaves!
19 March 2022 | 0 replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $270,000

Cash invested: $19,700

This property was sold to me from a veteran's PR after passing. I was the general c...

Teddy Patrick jr Assigning mortgages
19 November 2010 | 5 replies

I am dealing with someone who needs to sell a house and they cant find anyone who can assume the loan. I know we can assign the mortgage to someone who can make the payments. The thing I dont understand , does the loa...

Mark S. Missing Garage Doors?
5 January 2018 | 49 replies

I am about to close on a turnkey property in Memphis, TN.  One thing I just noticed is that there are no garage doors in what was previously a two-car garage before they did the rehab.  It basically looks like a cover...

Brandon G. Pitfalls to Land Contract and Subject-To?
11 December 2012 | 0 replies

For all you BP, creative financing experts out there;

Have you ever bought a property via Land Contract/Installment Sale AND took it Subject-To the existing mortgage?

This seems to be a great strategy (if it can be ...

Gloria Lau Happy Member from Oakland, CA (San Francisco Bay Area)
7 January 2016 | 6 replies

Hi Everybody!I came across Bigger Pockets a few years ago and unfortunately did not allocate time to learn more through this community, and sort of forgot about it. Recently, I started listening to the BP Podcast, enj...

Susanna Carbaugh Illegal in the State of Colorado?
17 April 2017 | 24 replies

Hi all, I'm learning and have not done any deals yet; however, I was chatting with a friend who says that what I'm being taught is illegal in the State of Colorado.Here's one of the approaches, maybe someone can help/...

Dante Williams Master Lease Option Question
15 January 2016 | 1 reply

I have a lead where the owner of the property interested in an MLO. The property currently has a mortgage but, the mortgage has a balloon payment that will be due next year, it is not a good candidate for Sub-2 or wra...

Donald Baptiste Dodd frank
22 May 2014 | 5 replies

some clarification needed please, according to Dodd frank act CAN we apply rent credit in a lease option to the purchase price