Lynn Hill-Torres
Electronic Rent Collection
Hello BiggerPockets family. We are working with a landlord, managing one of her tenants as a way to gain experience for when we finish renovating our property. I remember in Brandon Turner's book, he said one way to...
Nnena O.
Tenant Abandoned Apartment
I bought my first duplex in Pittsburgh last July. Tenants were already in place. Downstairs tenant was almost always late, but eventually paid the rent and late fee. I am an out-of-town landlord--my brother, who li...
Chauncey White
Commercial loan process
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential property.
You are able to obtain NON-recourse financing (not personally liable) for commerc...
Account Closed
wholesale preforeclosures?
Can you wholesale properties that are in preforeclosure and foreclosure? From my understanding, a sale prevents the foreclosure correct? Please advise.
Jim S
What would you do?
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 ...
Jake Ford
Review my Purchase Option Agreement?
Hi BPers,II have drummed up a Purchase Option Agreement, and was wondering if anyone would like to review it. It is obviously okay to edit/ tweak and use as you see fit. If you are interested and have an email availab...
Edwin W.
re: Pre-qualification
Hello,Does anyone know if you have to pay a fee for getting pre-qualify for a mortgage? I plan on going to see a mortgage broker to see where I stand.Edwin
Salvador Maldonado
wholesaling pre foreclosures
I wanted to start making calls to absentee home owners and distressed properties in my area, but have a big interest in pre-forclosures I would really like to help people out of a situation like that and already know ...
Mitchell Coles
First Time Buyer About To Lose His Deal 10 Days Before Closing
I have a client that went under contract on his first home purchase in Charlotte, NC. He was approved by several lenders and went under contract for $295K. Paid EMD and DD and set a closing date. He specifically ch...
Mike Schorah
Can a late mortgage be paid upon sale of a property?
It’s in pre-foreclosure. The mortgage is 13 months late. If I purchase it, the seller would walk away with $10k-$15k. Could she use this $10k-$15k to pay back the bank for the late payments or would the bank need to b...