A business associate of mine, who is a real estate broker told me to be very careful about what I have stated in my Purchase Agreement. He asked me to find out what happens if I lock up the property with a Purchase Ag...
Hello all, I just joined Bigger Pockets. Been listening to the podcasts for about a year after my wife and I purchased our first STR in Maine in October 2020 and have (thankfully) enjoyed incredible success. We have...
As a homeowner trying to sell his house (before I got into rentals) in 2011, I agreed to a lease purchase option. We agreed that $500 of the rent would go into an account to be used or a down payment, if they bought t...
I'm a new real estate investor, aspiring to build a rental portfolio with management contracted out. I'm also open to flips and wholesales. I realize that all kinds of contracts are going to be necessary no matter wha...
Hello, Biggerpockets! My name is Joe, and I'm currently finishing up my last year in the US Marines here in Beijing, China. After spending six years in the Corps, I've come to the conclusion that I'm tired of working ...
I have found a 3 pack of houses that look very good when I run the numbers. If the conversation with the current management company goes well tomorrow I want to put in an offer. Do I need a realtor to do this or is it...
Hey everyone,
My name is Justin, 26, and I just bought my first investment property in S. Florida. Obviously I'm a newbie to owning real estate as well as to BP so really just trying to set up a process that ...
I am in the early stages of learning about notes and tax liens. Is it possible to purchase a note or lien on a specific property? There were 2 scenarios that brought this question up in my mind.If I drive for dollars ...
Hello everyone!I have a subject to deal that I am able to get $0 down and just taking over payments. The property is worth about $45,000 and has a mortgage of $43,000. So there's no equity in this property. That's of ...
Hello,
I want to use my equity in one of my SFRs to purchase a short-term rental (I currently have 8 LTR) . I have been searching for a bank that will do HELOC on a rental, and so far, the only one I have found that...