Wendy Black
Should We Buy Out Interest in Low-Priced Condo? Hold or Sell?
After our brother died a couple of months ago, my sister and I inherited his 2bd/1ba 885 sq. ft. condo in Stockton, CA. Unfortunately, it's not in the greatest of areas, and the highest sale price lately has been ...
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What am I missing
My wife and I have about 80,000 dollars of equity built up in our four year old house. My wife found this mortgage broker /real estate agent that is advising us to refinance our house to pull out 80 percent of our equ...
Jonathan Tambellini
Motivated Novice Interested in Multifamily Rental Properties
Hi BP Nation!During the past several months, I have become highly interested in REI and have gained a wealth of knowledge by browsing this site, reading through forums, listening to podcasts, etc., and figured it is f...
Nick Scalero
Can I do this without taking a tax hit?
I'm getting close to retirement and have 3 rental homes. The least desirable of the three and the one that rents for the least amount is paid off. The other two still have mortgages. Can I sell the one that's paid ...
Michael Gessner
Renegotiating with hud
Good afternoon all, I'm currently in contract on a reo held by hud. The numbers looked really good back in early feb when I signed contract, however things have clearly changed drastically with covid 19. In contract f...
Jimmy P.
Foreclosed now want cash out refi
A close friend of mine lost her house in the fall of 2010. She now owns two homes outright and has had the same job making over 50k for 7 years. She has tried to find a way to pull the equity out of the homes so ...
Jonathan C.
$30K wholesale deal closed yesterday ($15K) for me
Owner shared my 'we buy houses' letter with their Realtor. The house wasn't listed yet.Realtor called me and we negotiated a price of $450K and attempted to wholesale at $479K.Weren't able to wholesale it at that pri...
Fredrick Hock
HELP! I Hate My Job. How Do I Create Passive Income ASAP?
Hello!
How would you recommend creating a passive income stream of at least $5K per month, in the shortest amount of time? What would your strategy be (and how much capital would be needed)? For example, would yo...
John Matthews
Builder's Risk Insurance vs. Homeowners
I just read this thread: http://www.biggerpockets.com/forums/95/topics/118902-builders-risk-policy and I think we're in similar situations. My HML requires builders risk. Another lender that I've been working with rec...
Alexa S.
Renting to voucher recipients in DC - experience?
I'm looking for people who have experience renting to voucher program recipients in DC. I got an email inquiring and, unfortunately, this person is one of few who have expressed interest since we posted the house 2 we...