Brian Christensen
Contract section question...
I have a question about a section in my purchase and sales agreetment I plan on using.
It reads the following...
EXISTING MORTGAGE (s): Existing financing on subject property will be current in all payments of princ...
Benjamin Sulka
Can a landlord terminate a year lease? (to allow a house hacker to move in)
Hey BP,New investor looking for my first deal. I found a really solid duplex opportunity to house hack but the property has existing leases through December of 2024.I am looking to buy and move into a property in the ...
William Hull
Experts: Don’t read too deep into February’s existing home sales
Sales of existing homes were down in February but this not a sign if a downward trend. New construction that will improve the low inventory of available houses as well as increased consumer confidence will improve hom...
Curtis C.
Closing on a House with a Mortgage Escrow Process?
Lets say you and a seller agree on a price to a house. They owe 45k on the mortgage and you offer them 55k for the house. You write up the contract and take it into escrow.
What happens next? I assume the tit...
Katy Shearer
Structure the deal
I am a newbie and I am trying to wrap my head around owner financing. What is the criteria for owner financingscenario 1Seller is asking $250,000 for his house. It is currently rented for $1800 a month. The house need...
Alex Hamilton
Need Advice on "Sale Subject to" Agreement in Louisiana
I'm accused of not paying the mortgage for a home I was renting out. Whenactually the home was sold to to the plaintiff in this matter on a "Subject tothe Existing Mortgage" transaction. The plaintiff missed a coupl...
Vince Campbell
House flip gone horribly wrong. Need advise.
We started out just adding a room addition to a house. We're now looking at a $60,000 loss and 9 months to completion. We got the permits and built the addition. When the contractor started to tie into the existing ho...
Ben Chow
CA ADU question FAQ
Questions
Owner occupancy is still off till 2025 for a ADU on a SFR, does that mean after 2025 I (owner) will be forced to live in one of the units on a R1 lot? or does it mean any ADU built before 2025 will be not r...
Sean Mills
New to House Hacking: Seeking Tips for Building a Custom Duplex in Long Island, NY!
Hello BiggerPockets Community!
I'm new here and excited to dive into the world of house hacking. My partner and I live in Long Island, both in our mid and late 20s, and we work in tech. Our household income is curren...
Jane Mun
Deconverting attic unit weighing options
I have a property that has 3 units currently no basement its an older building in chicago. The property is zoned for 4 units.
The city is asking to deconvert the attic unit that has 1 bathroom and kitchenette and is...