Janet Beaver
Deal structure between GC & 100% cash Passive Investor
Hi, guys I'm new to biggerpockets and I need help structuring a dealMy husband and I own a GC/CM company . We have a Passive Investor who is interested in loaning us 100% cash for some of our deals. He is not interes...
Jason Hirko
Seller won't perform - what are my options?
Here's the situation: I have a large commercial property under contract in Texas and am currently in the feasibility period. The contract states that the seller will provide, within 15 days of executing the contract, ...
Donald Cooley
Multi family questions
Hi all, I may have an opportunity to pick up a tri-plex that is fully rented. What is the process when purchasing and taking over the property from a managing stand point? Are there new lease agreements? What about se...
Joseph Glazer
Foreclosure - Second Mortgage
Just trying to make sure I understand the mechanics of a foreclosure auction when the holder of the 2nd mortgage is the one foreclosing. Assume the following facts - 1st mortgage with $150K principal remaining and a 2...
Aaron Currier
CapEx Savings Account?
I currently own 2 positive cash flowing duplexes and intend to grow my portfolio over the next 20 years or so. While analyzing a property for purchase, I allocate %5 of gross rents for capital expenditures. On my most...
Kyle Curtin
The importance of reserves when househacking!
Hi everyone! I just wanted to share one of my learning experiences from purchasing my first 3 family househack in Leominster, Massachusetts back in December of 2021. I purchased my property that was built well before ...
Justin Montoya
Help understanding agent disclosure and brokerage rules
Hello all, I'm an aspiring investor in Utah and have decided to get my RE license. My plan is to make calls to the east coast (SC, GA, FL) from 630-830 my time every morning, trying to lock up some wholesale deals and...
Richard Gleason
A to B... B to C
Hey BP, I have a quick scenario I wanted to run past you guys... I have a few deals on the table that I can purchase (Cash), and have end buyers in place. The issue that I foresee is seasoning on title... The end bu...
Melissa Title
Taxes & Escrow - need advice on mortgager issue
Hey BP fam, hoping to get some advice here. Issues are Legal & Tax.1) I escrow taxes for one of my properties and just received my annual statement from the bank. My mortgage includes 2 PINs, a home and a parking ...
Account Closed
Will HOAs disclose how many rentals there are in community?
I need to know what percentage or how many single family homes in a certain gated community are RENTERS vs home OWNERS. I want to possibly buy a SFH in this gated community. My realtor told me HOAs are more than likel...