What do these mean for an REO? I'm assuming that the bank does this to make some repairs to the house. Is that right?
Recently placed an offer on a small multifamily property that was off market. Offer was accepted and papers ready to sign. While reviewing documents I see seller is "reserving mineral rights". Has anyone ran into this...
Thanks to the BP podcasts, I decided that I was going to tell everyone that I struck up a conversation with that I was working on getting into real estate investing, and right now that just paid off! I was talking to ...
Hello All , I have been a longtime member and fan of biggerpockets but have yet to add or enter a discussion, so this is my first one here we go!. Little background I am not a total newbie in REI, I did fairly well...
Good afternoon fellow BP fans, we struck a really good deal last year and have a purchase option on a building in Charlotte, NC. The building is flex use industrial and market value is about $2.2 million and our opti...
Bought a foreclosure, decent deal. Around 100k with 15% down ARV post rehab- $255k. House needed major work. Put $100k into it. Today it’s beautiful. Just one problem, been carrying since August. 😢Meant to fix ...
I'm finally ready to post about some initial success after hundreds of hours of forum reading, podcasts, local RE meetups, etc.The deals:1) 75 x 95 lot in Paterson, NJ with a billboard. The lot has never been develop...
What are the best multi-unit crowd funding sites out there? That will allow using IRA money ?
This property has a lien of $155k and a zestimate of $488k. It is scheduled to go to auction on 4-12.
https://www.zillow.com/homedetails/7-Monroe-St-Yonkers-NY-10710/32991425_zpid/
Would anyone be willing to expla...
I keep running into homeowners who want to sell but, end up keeping their property as a break-even rental. They owe more than it's worth and aren't interested in risking their credit with some creative strategy.Is it...