Marc S.
Flipping my Parents in Laws House
Hi All,I am relatively new to the investing game. I am looking for a little bit of help. My parents in laws are looking to sell their home which is worth about 240,000. The unfortunate part is my father in law is a ho...
Monika Mickute
COVID -19 non-paying tenant - recommended actions?
Hi All, recently acquired my first investment property (triplex) in DE. I have one unit successfully rented, one unit still under the renovations, and one unit that is not a success. My tenant received help from an or...
Account Closed
Settlement Offer Received!
I bought a property in May for $250.00 subject to..... a lot. It then had liens totaling over $275K, $4K past due HOA fees, and back taxes of $7K. The seller had filed BK in 2010, included the house, and then moved ...
Mike Pachulski
Taking equity out of a multi-family?
I own a triplex in a developing neighborhood that has been my second home and office on and off for years. It is a nice old Victorian that was converted to a triplex years ago. Legal apartments, but shared utilities s...
Alexis Miranda
Wholesaling lead generation sites
What lead generating sites does everyone use? I have property farm but I am looking for something that might also give phone numbers?Also??? Was wondering what systems do people use to keep track easily of leads and c...
Jonathan Aguayo
What should I do
Hello new to the forum not sure if this an appropriate question here but here goes. I'm a home owner of 5 years, my house was 120k when I purchased it on a fha loan. I owe roughly 107,000 and the interest rate is 4.5%...
Sean Forner
Cash Out Refinance
I'm trying to utilize the equity I've built up in my rental to buy a few more properties. I'm currently not on the mortgage, but I'm on the title. If i refinance in my dad's name can I use the cash out to purchase/fin...
Nate K.
Cash out refinance - what am I missing
Hi BP,
I was reading a post the other day about dead equity and it got me thinking.
I have a two family multi where I owe ~165k. Tax/insurance/mortgage is $1700/mo (flood insurance is a killer).
I pull in $2500/mo...
Patrick Flanagan
Should I rent my house out or sell it and collect the interest
Hey bigger pockets members,
I bought my house(1100 sqft 3bd 2bth) for 171,000 a year and a half ago. I owe $167,000 on it. I recently got my house appraised at $235,000. Which I could not believe. So I would like so...
Brandon Drzewicki
Buy duplex now or wait?
If my numbers make sense (Ie estimates at $1000/mo cashflow after expenses) is it wise to buy a duplex right now with rates at 6-8%??? Should I wait until spring?