I have a motivated seller that owes $220K in a area where homes sale for $110 max, the house just entered pre-foreclosure.Her husband put a 2nd mortgage on the property to help with medical bills and passed away short...
I recently discovered our tenants are hiding their ferrets in the basement of our duplex. They are otherwise good tenants - pay on time, responsible and friendly neighbors. They were keeping them at his mom's until ...
Im closing on my first remote investment. Its got a tenant who so far seems great. I was thinking before I get things with the PM I have chosen set up, that I connect with the tenant. Ask him to let me know if he has ...
I evicted my tenants and got my place back today. They owe me some money. I need to send them their deposit statement, and sue them in small claims, but I dont know where they went. Somehow they forgot to leave me a f...
The SAFE Act states that a homeowner selling his primary residence does NOT need to employ a licensed mortgage originator.
What is the definition of primary residence?
If I buy a mobile home, move in, change the u...
Got a strange scenario that played out today and I am looking to see if anyone has any insight or knowledge on this:Rehab property in Massachusetts was purchased back in the early 2000's. It never got finished and the...
Hi guys!
Beginning real estate investor here, from the Netherlands. Saving up to invest in rental apartments in Transylvania, Romania.
Much of what I've learned so far has come from American sources like Bigger Pock...
Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties. However, once the local bank he had been working with was sold, the bank tha...
Hello BP Community!I want to start by saying that I am definitely a newbie investor. I have only recently begun looking in to REI. However, I have seen a lot of people that seem concerned about the yield curve flippin...
I'm sure some of the BP veterans here have some great stories to share.
I'll share some creative paper deals in a bit.