I was wondering how you guys feel about short sales. Do you guys think its worth the time to wait for a short sale or do you guys go straight for REOs because they can close quickly and you know what price you're gett...

Hello everyone!One big question I have is - Are there any downsides to transferring A 30-year conventional loan to a LLC after closing? Any risks or fees one should look out for? Anything specific to Cook county?

Hello my name is Clint. My friend and I have been talking about this Idea that I came up with 3 years ago while I was renting a room in a 100 year old house. I wanted to buy that old house and remodel it to be six sep...

We haven't had a section 8 tenant before but we are getting many potential s8 tenants looking at an open property that we have and chasing down information is becoming a time consuming process. It's my understanding t...

Are lenders required to give you a pre-approval letter. I got a referral from my realtor for a local lender for pre-approval. I informed the lender I would be acquiring multiple "quotes" to compare so please provide a...

Hello BiggerPockets community, I recently got an offer excepted on a Two family home, had the appraisal done, had a home inspection done, and then this happened. The lawyer called and said that the home is NOT a two f...

Several years ago, I bought a "unique" property that is a single family house and a duplex on the same lot (in a rural area).Because of the low cost of the duplex rent, I've struggled to find reliable tenants to live ...

I bought a property on the county auction site however the satisfaction of mortgage that was recorded now is found to be not legit, forged  and never paid off.  I am thinking  it was recorded by the seller or the whol...

I started investing in my late 20s during early 90s in up and coming inner city neighborhoods. I lived in and renovated or renovated and rented. Two things I remember that probably don't happen today: -First property ...

Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice.  I've owned a 4-plex property in Long Beach, California. So my following questions are.1.  I work full ...