Steven A.
Refinance after forbearance
My wife was briefly furloughed (as a doctor) and we were concerned about Rental income at a short-Term stay property (we own three single family homes, including our primary). Turns out we made a lot of money during t...
Account Closed
Delinquent FHA Mortgages Soar By Record 60% To All Time High
This is NOT news I wanted to hear, but it is what it is . . . That is a Nasty uptick.
Delinquent FHA Mortgages Soar By Record 60% To All Time High
As a reminder, "mortgages that are in forbearance and have not misse...
Bernie Huckestein
Advice to secure property while setting up SDIRA
I have an opportunity to purchase a Single Family Residence which aligns with some solid investment return. I can purchase myself directly securing financing via my local bank; however, I'd rather purchase inside a S...
Uchenna A.
Trying to buy a foreclosure that has liens (car dealership also)
Hello Biggerpockets Family,I am trying to buy a house in an auction and I see the house has a ton of lien (including a 40K lien from a car dealership). My question here is - if I win this property and get a "Special W...
Dana Whicker
Bank Reporting Old FC’ed Mortgage As Active Delinquent!
Lesson Learned! Always check your credit regularly from ALL of the BIG 3 reporting agencies.Cliff notes are at the end of this post.Right at the peak of the housing bubble in 2006 my wife, a single public school teach...
Doyle Brewer
Mortgage loan from mom - 1099-INT?
Does the lender or the debtor initiate the 1099-INT in a family situation like this?
Stashoo Dorn
[Calc Review] Help me analyze this deal
View report*This link comes directly from our calculators, based on information input by the member who posted.Taking the 90-day challenge and looking to buy my first investment property. This property would most lik...
Miles Stanley
Rental property electrical fun...potential rewire??
I had an electrician come out to give me a bid on some electrical work identified in my inspection report. House was built in 1968 and APPEARS to have copper wire.
The long and short of it, he says the wiring in the...
Dwight Crocker
Can I Get A Loan with Judgements On My Credit Report
Can I Get A Loan with Judgements On My Credit Report: I have 3 judgments totaling about $25,000 not including the interest. 15k, 8k, and 2k are the individual amounts. They should drop off me credit report in 1 to ...
Wenping Zhu
frequent change tenant indicates bad PM?
Hi, I am a landlord in Salt lake city. I have a couple of SFH to rent for a few years. I hire a PM company to manage. including basically everything. I found my tenant normally only rents for 1 year, they seldom renew...