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I found an abandoned property - like abandoned for 75 years. I did my research: the owner was dead. I found his widow, who, at 92, was living in another county with one of her children. I knew the family must know a...
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My wife and I were supposed to close on a duplex today. Yesterday, the financing fell through. I found an off the market, gut rehabbed duplex that looked like the perfect deal. We were going to buy it for $270K and it...
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I am on the threshold of needing to raise large quantities of money (large is relative, so I'm talking in the 500k-1.5M). My plan is to offer investments in three ways:1) first mortgage of the full amount2) second mor...
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hello everyone i have a couple of questions to ask about wholesaling
1- what contracts are needed to do wholesaling? is it just a nice purchase agreement with many exit strategies (contingencies), and a assignment co...
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Which is the best way to purchase multi-fam?
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Hi BP community! I have situation I wanted to get your thoughts on. I found a shortsale on Zillow and contacted the realtor directly (I don't have one yet). I know the sellers realtor gets commission but I believe thi...
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Hi BiggerPockets:First: what a great internet forum for REIs. And kudos to the web design team; great interface with the website and the iPhone app. Second: About me. My name is James Miller. I'm a native Texan who cu...
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Greetings,I've recently purchased a multi-unit apartment in Los Angeles County (No Rent Control) with intention of living in one of the units. The only unit that was soon expire had some delinquent payment history (t...
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My lawyer has mentioned a setup where a holding company LLC leases the property to a management company LLC. There would probably need to be multiple holding companies--propably one per property, but only one manageme...
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I'm trying to find a way to purchase a couple of 4-plexes. A down payment would be in the neighborhood of $150k. Estimated Cash on Cash return would be 10%. That's worthy of serious consideration partly because ren...