![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/841021/small_1621504284-avatar-jefftheviking.jpg?twic=v1/output=image&v=2)
I just wanted to share, about 6 months into my search in earnest and I have successfully closed on my first 4 plex in Des Moines, IA, hopefully many more to come!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/720268/small_1621496057-avatar-christopherg96.jpg?twic=v1/output=image&v=2)
Ok so I am pulling trigger on yellow letters from the .com site. Sending to tax default absentee owners, code violation absentee and owner occupied with ownership history over 15 years, and evictions list in orlando....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/15381/small_1621358903-avatar-ewilliams.jpg?twic=v1/output=image&v=2)
Okay, here goes...
I have what I believe to be an excellent investment property:
ARV= $400k
Purchase Price: $240k
Repair Value: $12k
The problem is this,
It is a bank-owned property and the bank needs verification...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2336074/small_1694689699-avatar-giselem5.jpg?twic=v1/output=image&v=2)
Hi everyone,
I’m in the process of purchasing my first property, a two-family in Queens NY for 1.2 million. I’ve been cleared to close by the bank and currently waiting for the seller’s lawyer to return from vacatio...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/7564/small_1621348162-avatar-ohioinvestor23.jpg?twic=v1/output=image&v=2)
Hey guys, help me structure this deal here:
I have house under contract for 25k. Needs repairs 15k. Worth 80k.
I was going to wholesale this house for 28.5k via double-closing...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1278754/small_1621510924-avatar-angelam153.jpg?twic=v1/output=image&v=2)
We have a contracts for closing on duplex 9/18, owner wants to move to 10/1? We do not want to, what are our rights?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/23556/small_1694934810-avatar-jim_s.jpg?twic=v1/output=image&v=2)
Listed a finished project and received 4 contacts on the house in the first 2 days. 3 were FHA and one was conventional financing. I was reluctant to go with any of the FHA due to their appraisals tending to come in ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/524546/small_1621481348-avatar-chriso35.jpg?twic=v1/output=image&v=2)
Hi everyone,
We're looking to purchase 2 turnkey properties from Memphis Invest, but the mortgage company that was recommended (not by them, but they work with them regularly) is charging 10.1% to purchase price in c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/788246/small_1695869582-avatar-davisc4.jpg?twic=v1/output=image&v=2)
If there is a property with several years of open back taxes, with a few years forfeited (offered at sale but not purchased), do they need to be paid off before closing? Or can it be handed like normal, with the debt ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/416226/small_1621450198-avatar-nicholasbrian93.jpg?twic=v1/output=image&v=2)
Hello all,I have posted about this topic before, but never got into the specifics of it.I have purchased a duplex with one unit being occupied by a long term (5 year) tenant. The issue is that the long term tenant nev...