A property owner left the county and walked away from the old house on which they still owed $79K on a 1977 mortgage. Medical issues and need to live with a relative. The owner moved out of county sometime in August ...

I purchased a triplex AS IS with a FHA 203K loan in July with the intention of house hacking it, then disaster hit.My numbers are the following:202,000 Purchase price.107,000 Construction budget (left).340,000 ARVLast...

Hello BP!I am following a foreclosure where the auction was delayed due to bankruptcy filings.  Because I do not have the cash available to buy at auction, I'm hoping this is an opportunity to contact the current owne...

Hello, we bought a house a year ago and are currently going through the refinancing. My husband has handled the refinancing so I am not sure of the terms (waiting for it to be finalized to review). 
Can you typically...

Hello BP community!
We have been getting several clients that want to use helocs as a down payment for their next purchase. In some situations I think it can work and in some other situations I think it can be risky....

Can some with long term experience explain how interests and cap rates can be inverted, stay inverted and investors keep making money? Here is another way to ask this: If it cost me 6.5% to borrow money but the cap ra...

I have noticed the banks are still bidding in some cases well below what was owed on the mortgage at the sheriff sale. If you were to go to the homeowner could you purchase the property for that lowered amount? Is the...

I’m having trouble finding a lender to do a 30 year fixed rate cash out refinance. The lenders I have talked to are only offering 15 year ARM loans right now they said due to Covid. What does that have to do with anyt...

Hi Bigger Pockets members! First of all I want to thank everyone on here who have posted and been active on this platform, its been a huge help to people like me who are new and needing all the guidance we can get. 
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I'll go first: we once had an owner not hire us to manage her property because we refused to market the home as "2 bed, 1 bath." Why did we refuse? Because one of the bedrooms had been converted into a music studio. T...