Eddie P.
Why do investors buy HOA liens at auction?
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Andrea Weule
Lease Option Tenant filing for Bankruptcy
We have a property in Crown Point that was put into a 3 year lease with option to purchase in June of 2017. The tenant put down $3,000 option and paid $1700/month for the rent. They were also responsible for all uti...
Account Closed
Buying rental property with existing tenants
Hey folks, I am ready to start investing in rental properties and am meeting with my realtor soon. A lot of the places I have been looking at are currently fully rented out. It would seem that this is a positive, in...
Sam Dal
Suiing the seller
FolksMy seller isn't acting in good faith on this SFM property in a NYC borough I'm trying to buy. There is a provision in the title where she can cancel contract if it's over $500 and it's about $5000 but I've agreed...
David Hendrix
The sexy appeal of investing in the crowd?
So here is an issue that I have been struggling with over the last 6 months.I work full time at a busy stressful job. I enjoy it, but it does not leave me a lot of time for my suppressed passion of real estate. I have...
Cameron P.
First Serious Buyer Only Does Land Contracts?
So this is my situation, through my beginning marketing I ran into a gentleman that does a lot of property management and works with 3 millionaires investor friends that he brings in for bigger deals when he can’t do ...
Josh Skogen
Buy or no? A property bought at tax sale with clouded title.
Hello Biggerpockets community!My wife and I live in northwest Indiana. We are working towards the purchase of our first investment property. We are currently doing our due diligence on the property. Our strategy is th...
Virgilio Garcia
Married or not married?
Hello BP i have a question. on finance...i am single by the law but a spouse at home. My spouse and i both have excellent credit and have no personal debt. We will be looking forward to closing on a multifamily proper...
Adam Meadows
Need Help Structuring Seller Financing Deal
Hi Folks,I'm looking to structure my first seller financing deal on a property I'm going to see tomorrow. I know the seller from an open house when his property was listed. It didn't sell, and he reached out to me a f...
Lee Allen
Foreclosure Redemption Question
Does anyone have any experience with foreclosure redemption? I have an opportunity where a house went to foreclosure after the owner died and the children didn't do anything with the property. There was only $70K owed...