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Results (1107)
Inna Young How the building assessment rolled into the sale price increased the property taxes
7 September 2023 | 10 replies

Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...

Saqib Raja Should I withdrawal my 401K to expand real estate portfolio
1 March 2024 | 40 replies

Withdrawing 401K entails a 20% tax cut and 10% penalty fee but I want to use it to being my real estate journey and exit my 8-5 in the next 2 years. Any thoughts if this is a good plan?

Tehseen Baweja 2nd Lien Non Performing Notes and Bankruptcy
22 December 2015 | 19 replies

As I educate myself on Notes, I would love to know what are some of the strategies and due diligence requirements when looking at 2nd Lien NPN and chapter 7.Here is an example:Sale Price: $8kUPB: $100KProperty Value: ...

Ram Srinivasan Land Contract Distressed Sellers
8 November 2014 | 8 replies

Hi BPers,

Here is a question that I am not sure has been asked yet

I recently found a distressed seller who are in the middle of divorce and have agreed to sell their house at a reduced price and via a land contrac...

Blake Schreckhise Using a HELOC to pay off my home quickly.
7 April 2022 | 23 replies

Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...

Jay Hinrichs Portfolio loans and things to be aware of.
20 November 2019 | 18 replies

@Steve Vaughan  Steve i think we have had this conversation before.. One of my Vendors called me asking for some advice.
he had rolled up a bunch of his SFR's to ( for lack of better words) a Corevest type portfolio ...

John Thedford Private Or HML--What Could Go Wrong-And How To Qualify A Borrower
6 June 2016 | 23 replies

Hello all:I posted a couple weeks back about a recent HML I completed. There were several replies that I really enjoyed and I got different points of views, etc. One poster stated something to the effect "don't mistak...

William Coet Making A Loan For A Private Flip. First Time Lending. Advice/Recommendations?
19 February 2023 | 11 replies

Hello,Preface: I have no lending experience, looking for recommendations on how to protect myself with a loan for a flipI connected with a guy who seems to be a "straight shooter" with experience doing flips, kids in ...

Lindsey Vargas Tenant wants to mow MY yard
13 April 2019 | 43 replies

Hi!We just bought a duplex and inherited seemingly high quality tenants. We will be living on the other side and managing ourselves.I am making NOT becoming my tenants friend a high priority but I can tell they would ...

Lori Martinez Need Help Figuring Yield Please
29 July 2013 | 5 replies

Bigger Pockets Members,

I am having trouble trying to understand how yield works. I would most appreciative of your help. I have several courses including Calculator Power (but none give equation examples). I have a ...