Shawn Bass
Two houses on one parcel...advice for financing?
Looking to pickup my second purchase for rentals. Came across a really good value of a property for under $200k. When I passed it by our loan broker, he indicated that the underwriters have an issue with the propert...
Nick Brubaker
How important is it for your GC to be licensed and insured?
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
Austin Tam
Calling All ABC Capital Investors: Updates on Investments
There seem to be a good number of investors here that have purchased a property from ABC Capital whether through Maverick or directly. If you've dealt with them, can you please post your experiences with them? I purch...
Jason Schmidt
can someone please explain this 50% rule to me?
I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
John Warren
Tax DEEDS (not liens)? Possible bank foreclosure? IRS? Quitclaim?
I have had my eye on some upcoming tax auction properties, mostly to watch and learn from the process, but if they go for the right price I may try to bid.Anyway, I am trying to do my due diligence stuff ahead of time...
Janelle Niles
Question(s) re. "Subject-to" purchasing of homes
Hello: I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...
Account Closed
What is the Best Strategy to net 1 Million or more in Annual Profit In Real Estate?
I'm currently reading the Millionaire Real Estate Agent which prompts the aforementioned question. Which strategy is best? Flipping? Buy and Hold? Wholesaling? Becoming a broker like on Million Dollar Listing? Multifa...
Jason H Orahoske
I have 16 Late mortgage payments on my credit report, what now?
I am in zero danger of losing the home I own, and am actively working to get ready to buy my first rental as soon as possible. But... I have this nightmare to deal with. I worked my butt off at a second job to drag ...
Michael Gilmore
Mid South Homebuyers - anyone deal with this group before
I am interested in knowing if anyone has purchased a turnkey property from this group in Memphis. Appears as though they are doing everything right but would like to know if anyone here in Bigger Pockets has had their...
Stefan K.
Buying Discount Notes on Mobile Homes
My business partner and I tripped across some discount notes on mobile homes sitting in mobile home lot rental parks. We have never purchased discount notes before, our background at this point is in tax liens.
Ques...