I apologize in advance for a very long post.
We are first time home buyers in a very competitive market (Seattle). Neither me nor my wife work in the IT industry so we knew our limitations and went in with realistic ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1604820/small_1694688825-avatar-mtgtme.jpg?twic=v1/output=image&v=2)
Hello:
I wanted to start this thread, as I see a lot of investors on this forum who are the victims of the vicious company called Patch Of Land (POL). Now it came out under a new mask called Patch Lending.
I have t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/127759/small_1621418162-avatar-hartinvesting.jpg?twic=v1/output=image&v=2)
Hey Gang,
I'm taking the sound advice of some really smart people from the BP community, and have decided to spend the necessary time to develop a formal Business Plan.
In an effort to do that, I've considered a fe...
Hi all -The mortgage agent who approved me for a conventional mortgage and agreed to have the the mortgage underwritten (he is not the actual underwriter) for a close next week on a rental property just came back to m...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/154103/small_1694738393-avatar-re_rookie.jpg?twic=v1/output=image&v=2)
I was listening to the podcast today - love the fact about where David was going into a property 90-120 days and flipping it. Purchasing it for 75k putting 25 or 27k into and selling for 125k. My question is this......
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1047314/small_1621508053-avatar-joelfine.jpg?twic=v1/output=image&v=2)
Hi,I have a question about the logistics of inheriting tenants in properties I'm buying. Specifically about how the leases get transferred to me as the new owner.Suppose I have a tenant who is on a long term lease tha...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/82646/small_1621415835-avatar-jonathan_s.jpg?twic=v1/output=image&v=2)
I am looking for some ideas/input on how I might want to approach our most recent deal. We (wife and I) are looking to bring in a partner and are in the early stages of fabricating the deal regarding investment, prof...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/168980/small_1621421013-avatar-marcia.jpg?twic=v1/output=image&v=2)
We have a family partnership that owns two rental properties (a Single Family House and a Duplex). It started out as a simple partnership in 1995 (Dad & Mom, #1 Son & Wife, #2 Son & Wife). After the unexpe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/4723/small_1621347128-avatar-cheapproperties.jpg?twic=v1/output=image&v=2)
As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/332471/small_1621444843-avatar-esan28.jpg?twic=v1/output=image&v=2)
I mentioned in a prior post that I had purchased the Armando Motelongo 3 day class. In this class they spoke about Self direct IRA. They said you can put an LLC inside of this S.D. And do your business from inside thi...