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Dodd-Frank & Private Lenders on Owner Occupied House
If a private lender (individual, not a licensed lender) violated several Dodd-Frank regulations in giving a 2nd mortgage, what would happen if the lender tried to foreclose?Violations include:"Lender" knew "borrower" ...
Matthew Rosebaugh
Splitting a Multi-Family into Condos - Columbus, OH
I have seen a LOT of multi-families split into condos throughout Old Towne East, German Village, Merion Village, etc. Has anyone been through this process or have any advice?
Daniel Michalik
Newbie from Beaumont, Texas
Hello everyone! I stumbled across BP about a month ago and have been lurking ever since BUT it’s finally time to introduce myself! Currently I’m in the process of getting pre-approved with the goal to owner occupy a ...
AJ Wong
How the acceleration of inflation will super charge the PRIME Real Estate
Dollars are doomed. Well maybe the fears of de-dollarization are a bit inflated (like everything else!) but more out of a lack of options than the strength of the currency. The harsh reality is that the United States ...
Mark Vandzura
Best places to live in your opinion
It is often said “Live where you want, invest where it makes sense”. Many BP members talk about good markets where they invest. But let me ask you this. In your opinion, where is a good place to live, to raise a famil...
Ryan Huebinger
Just when you find a multi-family deal that peaks your interest...
Found a complex on the MLS recently 10 units. 6 are 2/1 and 4 are 1/1Recently rewired and replumbed. Google street view actually shows it all boarded up from the image in early 2013Price tag $300kMLS states NOI is aro...
Larry Turowski
What rules for investors have you broken (and maybe routinely break) and how has it worked out for you?
I have broken so many rules, some out of ignorance, many not.For instance, I have paid contractors an up-front payment before work is done. And I've been taken. But I also have a very reliable contractor that requir...
Dan L.
Thinking to expanding my rental portfolio
Currently me and my wife have 3 rental properties in Tampa which valued at about 175-220k each. Rather than our own home, we do not carry mortgage on any of the rentals.We're thinking to maximize the leverage to buy m...
Brandon Mitchell
Starting Off; Building A “Team”
Hello Bigger Pockets!What are the individuals that you need on your “team” to get started when purchasing a Multi-Family Apartment Unit?
Ashley Rae-Lynn Taylor
Pre-Foreclosure Advice Needed
We found an off market deal that is in pre-foreclosure. What are some things to search for before making an offer? What could pop up that we may have to pay for once making an offer? The owner seems clueless and just ...