Account Closed
Seller went behind my back and sold the property.
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Tess Sweet
ADU on Duplex R2 lot question
We are in escrow on a duplex zoned R2 that has a detached garage that was converted into an additional unit without permits. The housing department states that it needs a new certificate of occupancy because it's no l...
Eddy Dumire
Diary of a PIG -- Fredericksburg, VA -- SFH
In a nod to Ben Leybovich, I bought a PIG. I'm going to tell everyone how things work out for me on this thread.The deal:2/1 house in Fredericksburg, VA. It's a very small 725 single story all brick on a crawlspace ...
Kevin S.
What would you do?
Hi BP members,I am looking to invest in a SFH that cost about $400,000. With 20% down the property will negative cash flow $500/mo. It breaks even @40% down. One lender advised me it's better to negative cash flow ...
Andrew Acuna
What is everyone's obsession with hiring PMs!?!
I've been on BP for a bit and I've noticed something. I love the landlord forums, but any time someone poses and issue there inevitably is someone(s) who bring up hiring a PM. Can we just agree that a PM is not a fix ...
Fade Aromolaran
I'm Looking Buy 20 Subject-To Properties In Maryland This Year
My name is Fade and I'm a wholesaler based out of Maryland and I've done a good number of deals over the past year and a half.I've been studying subject-to transactions for the past couple months in preparation for th...
Jonathan Greene
If You Never Want To Hear About Columbus In the Forums Again, Reply Here
Do you feel continuously assaulted by the Columbus Mafia on BiggerPockets?
If any newbie utters the word Columbus, Midwest, or Ohio, the entire brokerage descends upon the forums with post after post. It's absolute m...
Andrew Postell
How To: Cash out 1-4 unit Property
Receiving a cash out loan on an investment property can be a very confusing item. This post is designed to bring some clarity to taking cash out of a property with a conventional loan and help you navigate the someti...
Gordon Vaughn
The Best Kept Secret For Bidding On HUD Homes
I have bid & won more HUD homes for my investors than I can count, and I use a strategy that I have been hoarding all to myself for several years. A few of you may already have an inside track and are familiar wit...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...