Dominic Licerio
Would you wait for the 4 plex or buy sooner?
Hey BP family! I am in the military and new to REI. I had a contract set up on a 4 plex that was going to be financed with the VA loan and was moving along perfectly. But, the seller had a medical emergency and had to...
Nicole West
Advice &/or Assistance
Hello, How do you do? I’m Nicole , I’m a beginning wholesaler . After about a year of procrastination I took a leap of faith & believe I have a potential deal & I’ve come to a road block with overthinking. Bei...
Christopher Dorsey
Partnering w/ Realtors - Lease option investing
Is it possible to invest in lease options / sublease (sandwich) while using a seller's agent to send you property? This is my thinking....It is a win for the agent because they wont lose the sale and (eventually) they...
Carmen Graves
Handling urgent electrical issues
Hi BP,
We have a
semi-urgent electrical issue that needs to be solved in a matter of days rather
than weeks (a tenant bedroom outlet and dining room light is out due to a power
surge). We realize that we need a...
No Name
Deals still being done?
With the current economic crisis and slumping housing market are any deals still getting done? Are flippers still flipping? Investors still buying? And if so, what segments? Low income areas, apartments buildings, e...
Lucas Gunderson
Newbie Investing Question
I've been doing my due diligence on REI but have not taken the leap yet on my first deal. I'm apprehensive of stepping out on my own and not wanting to learn "the hard way". Recently I came in contact with several i...
Marlene May
closing and the holidays
I have a closing scheduled for on or before January 5, 2011. What are the chances it will close by then? It's Dec 16, and I haven't heard from the closing co. When do the closing companies close for the holidays, an...
Timothy Bormuth
Question about transactional funding
First let me say this is a great sit Im glad I joined.Now to the question
If the end buyer signs a contract with me for a property then backs out lets say a week before closing am I still responsible to buy the prope...
Danielle C.
Glad to be here - Chicago, IL
Hello Everyone,
I'm excited to be a new member to biggerpockets. I'll give a brief introduction, for anyone that is reading:
I am new to investing, though not the idea of it. I have toyed around with that since I ...
J M
Is my condo still a primary residence if I rent it out for 12 months
I was wondering if I would be eligible for the $8000 tax credit if I:
1) purchase a condo now
Year #1: Live in the condo for one-year
Year #2: Rent the condo to someone else for one-year, while I finish Ph.D. work i...