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I have a opportunity to purchase one HOA deed at 25 cents on dollar. I can rent it out and negotiate with bank for clear title in the meantime. My cost is 35k for a nice condo, A property in B+++ hood worth 132k. Anyo...
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Have been reading forums & listening to podcast for over a year. Focused on cash flow & so on multi-families in part because of Bigger Pockets. Bought our 1st property last spring ($94,000 3-unit, using conven...
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So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
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I am helping my parents move from their house to a condo that we helped buy with them last year. My husband and I are thinking whether we should fix up their old house to rent it out (the house is free and clear estim...
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Hello BriggerPockets,
To start out I will tell you my goal, I am looking to have my first multi-family unit by October of 2020. I am also getting married in July of 2020, so I am changing my goal slightly. Luanne and...
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Michael here, not to be confused by the assortment of other Mike's on the board. I just want to say great forum. It is absolutely chock-full of fantastic people and advice.
I am very new to the REI scene, and decided...
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My home improvement contractor quit just as I was about to fire him. He originally quoted me 6 weeks for project completion, we're currently at 11. The backup contractor told me he's going to need another 5 weeks to f...
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Wondering which tenant application looks less risky financially? Neither have rental history as both owned...
Applicant A: Retired Couple
Income to rent from social security & workers comp = 3.7x
Income less ...
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What does the BP world think of investing passively in a legitimate syndication like Brandon turners or one of the other established investors? Does this defeat the purpose of all the benefits of real estate IE apprec...
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Hi all. We have a 46 unit complex that is ready for a reposition. The location is superior and the density will probably allow us to end up with 64 doors when we are done with the project. Our MSA is in serious need o...