Joe T.
Screwed by lender, any recourse? Out $2200
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
Dennis Marshall
Selling homes without a license is a 3rd degree felony
I recently got a letter in the mail from the Florida Department of Business & Professional Regulation.
It stated that I has committed a 3rd degree felony because properties i had listed on sites like Hotpads &am...
Tony Velez
50% rule
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
John Sanderson
Customer Service as a Standard
All too often I get the feeling that most here on Bigger Pockets operate under the terms "It's my way, or the highway". What most, in my opinion, fail to realize is that as a property owner, you are providing a servic...
Minna Reid
The realtor/investor trap - how do I work this?
So a contact (birddog for all intense purposes) calls me with a deal. Owner with a rundown inherited house, was going to fix and sell, and now fell ill, needs out. I put the ARV at 210. Needs some work but I dont see ...
Luis Vaca
Closing on first deal, it disappointed
So I just signed the title documents today for a SFH in Kansas city for 70k. I was caught off guard by two things; Property taxes a lot higher than expected, It went from 950 all the way to 1370$. Due to the recent ap...
Jeremy Namen
Is this Predatory Lending?
I was in a partnership to buy rentals. My partner and i went separate ways and divided up the properties. They had all been in the biz name and 3 guaranteed by him so until i was ready to get a loan i went into a leas...
J. Martin
Same-day Turnover: Savings? Or Foolish Disaster?
In the upcoming scenario, 3 of the 4 units in a 4plex will all be vacated and re-occupied in literally a 10min-2 hour period. 2 of these units will be vacated and re-occupied by people already living at the buildi...
Chris V.
Stockton Rental Market - How much do apartments rent for today!
Stockton, CA Rental Market – From the Tenants Perspective.About 9 months ago I did a little "market research" because I was bringing a few new units in Stockton online. This week I had another one come up and since I ...
Account Closed
The legalities of Wholesaling
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...