Dane Sawyer
House Hacking Help and Advice
Hello Biggerpockets members,My name is Dane and I am a recent graduate living in the Houston area. I've been reading the forums and listening to the biggerpockets podcasts religiously and have now come to the point wh...
Brian Miller
Seller doesn’t wants out of signed contract
Hello BP,I wanted to know if a seller can back out of a signed contract? What should a buyer do if the seller gives the buyer a cancellation letter from there attorney, in the state of Illinois? Please let me know tha...
Denise Evans
Warning Re Deeds and Alabama Tax Sales
Thanks to my friend, Alabama tax sales attorney Greg Stanley, who alerted me to this issue. He and his colleagues are seeing a number of improperly written deeds prepared by non-lawyers, that are causing major headach...
Robert Fritsche
Loan or Cash-Which is better dollar for dollar.
Which is better dollar for dollar?Tax wise, If I purchase a condo for $100,000, would it be better to pay cash for it or better to finance it? Income level around $150,000. Wife and I with no dependents. Only debt we ...
Tyler Coyle
Getting a Mortgage with a Commission Based Job
Hey BP,Currently, I am in a Salary position. I have never worked commission based only jobs. I am considering pursuing a job opportunity that is commission based. However, I've heard that you have to have 2 years work...
Account Closed
Which route should I take to help me get started in REI?
I am interested in REI. I’ve been learning bits and pieces here and there. Recently fired from my job, I would like to achieve financial freedom through REI. I have my Real Estate Lic but I am not confident in sales a...
John C.
Rents
I bought a house as primary residence and after 2-3 yrs. of living in it I rented it out, been about 4-5yrs. It has been foreclosed on Dec. 9,2010. Now I am in the redemption period until June, 2011. So, I still hav...
Jimmy Hong
Help on a foreclosure
I relative of mine has been having financial difficulties since the fall of the Lehmen Brothers and AIG and has a property that hasn't been paid off. The bank foreclosed and auctioned the property away for $130,000.00...
Account Closed
To much time of fancy summaries.
I will never understand why it is that when I want to evaluate a commercial multifamily property that I have to look at an executive summary that is 100 pages long with 20 of them being the nicest pictures you can see...
James Hiddle
Would You Take This Deal
I came across this a few days ago. It's a 90 unit apartment complex. The owner is in pre foreclosure due to a high vacancy rate(50% plus 5% concessions). If he doesn't get rid of this than he will be foreclosed on and...