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Results (1461)
Account Closed Mortgage Underwater $30k After Almost 10 Years of Ownership!?
2 December 2019 | 31 replies

Hello BiggerPockets Community!I really need some advice on whether to hold or sell my rental property. Here are the details.In 2011 I bought my first home, a 1 bed + den, 1 bath condo for $227 000. I paid way too much...

Trace Adams Long distance Investment property as first home purchase
14 April 2024 | 16 replies

Hi all! I am new to this site/forum but have been listening to the podcast and am learning so much. I want to run something by you all and get your thoughts. I am 27 years old and currently live in Denver, CO where I ...

David Beard Improving the Odds of a Successful Short Sale Offer
29 March 2012 | 10 replies

I have a prop mgr/agent who assists me in purchasing properties. She sort of frowns on the unapproved short sale listings, no doubt since they take a lot of work with highly uncertain outcome. I sent her a note today ...

Levi T. Why you need an LLC on your properties.
7 June 2017 | 17 replies

I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...

Michael Palmer Possible Tenant tells you they have a felony conviction
8 July 2019 | 24 replies

Yesterday for the first time I had a potential tenant tell me the she has a felony on her record when I sent her my application.  I Googled her name and found out she was convicted in 2015.  My unit is in Buffalo, NY....

Joey English Lonnie Deals are financial boomerangs
21 September 2020 | 29 replies

Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...

Nevin Wilkie Refinanced my first BRRRR but bank will not let me put it into an LLC
13 November 2024 | 18 replies

I just completed my first rehab on a distressed property I have bought. I just completed a cash out refinance on the property but now the bank tells me that I am not able to put the property into an LLC. Are there any...

Jonathan R. I can buy cheaper than it is to build, will this make me wealthy?
25 September 2018 | 32 replies

Hi BP community. I am having a great time in Wichita, KS in my first year and a half to two years of investing; we have taken an aggressive approach by investing in a low income high crime area near downtown Wichita. ...

Sarah Purdum How soon after closing escrow can you get a cashout refi?
6 November 2017 | 33 replies

Hi guys!  A little about me, I have been lurking around BP for about a year, listening to the podcasts and reading blog posts.  I saved up some money over the last couple years and just put an offer for 25% down on an...