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Hi BP Family,I am a real estate newbie and am becoming more and more intrigued by mortgage notes. I may be displaying my ignorance here, but is there a way to BRRRR a note much like people do with physical real estate...
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Hi,I have been asked by a recent contact about my interest in taking on a short-term loan backed by a property in the Chicago area. The property is currently occupied and the owner plans to fix it up and sell after th...
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Hello BP Family,
I am under contract in a triplex in California. The seller failed to disclose one of tenants was behind on rent, he said that "he thought by the time we closed, they would be caught up". The tenant d...
Hello Bigger Pockets! Long time lurking fan of the podcast, youtube content and more recently forums, finally diving into my first deal. I’ve been building a business plan and saving my money along side my business pa...
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I have recently found an owner who is willing to quit claim her deeds on 4 properties to me for free. The catch is that they are all financed and defaulted for over 4years. The banks have never foreclosed and she be...
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The seller trying to sell a reo they purchase. But, with 90 days restriction, they going to do a Lease to own with me. I read through the entire contract, but will they refund my contract fee if they fail to deliver a...
So I put an offer on another property today that will be a buy and hold. It will need about $15k in rehab work. I would like to make a loan for the purchase price plus rehab to my business (an llc) from my personal ac...
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Hello all,I have a possible deal in the works and would like to get some feedback from the BP community.The condo is located in the Summerlin area, 89145 area code. It is a 1 bedroom/1 bathroom condo; great location ...
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Hello All,I lived in St. Louis for 18 years and my parents, both almost 70 years old, still live in the city. I currently live and work in the Washington DC area, but I have been looking to invest back home. My origin...
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I use Wisconsin Legal Blank rental Agreement (form 19) and sometimes also use their Nonstandard Rental Provisions (form 984). Are they the best for small Landlords? What's the best way to split up snow removal and lan...