One of my clients owns a house in Indianapolis. A GC put a lien on the house and while the client is addressing the lien issue with the GC he wants to refinance and pull money out. Assuming paying off the lien is not...
What are people's experience with online auctions, specifically with auction.com? What are some of the things that I need to be aware of when placing a bid on a property that is being auctioned off online? My biggest ...
I am new to the Subject To strategy and have been attempting to gather as much information as possible. Most of it seems pretty positive but I was warned that a property that I purchased could be seized by a court if...
Hello BP,I thought I had my first investment deal ready to close. We are past the inspection period, waiting on loan approval. But today I find out the seller renewed the tenant on one side of the duplex at 950/month ...
When you use seller financing who creates the MORTGAGE/Deed of Trust and the PROMISSORY NOTE? What I mean is the actual paperwork.
As some of you may know, I just turned 16 so it's not actually legal to buy real estate right now aha. So I'm wondering, should I be reading books or finding a mentor? What do you think is the best thing I could do ...
I'm putting together a deal where we will have 75-80% conventional funding and 20-25% private money - so no money down. For context, this deal is in Texas. I have the private money lined up and committed. However, I'm...
Hi, I have a proposed deal with a builder that wants to use my private money loan to purchase 5 adjacent townhome lots in Sanger TX in order to secure a construction loan which will have the first lien. He says that w...
Hi All,
First post (besides introduction) for me. My father and I will be going to our first auction as bidders this Friday (in Queens, NY). We have scouted the property numerous times, actually been inside the bu...
Hello!, I am new to bigger pockets. The wealth of information is dizzying to say the least. I am currently looking at my first rental investment. I have ran the #'s and the cash to cash return is pretty good (about 3...