Johnny Wehmann
Seller Financing structure
Before I start paying my attorney, I would like to hear suggestions from BP members. I'm working with an owner open to seller financing with a 3-year balloon. The details are as follows:Purchase price $385,000. It ...
Luke Robins
Hurricane Insurance Claims
I had some storm damage from hurricane Irma at a property, really just a bunch of shingles broken. I've heard it's rarely a good idea to file a claim against insurance because it can raise rates or cause insurance com...
Johann Jells
Would you take this tenant who falls short of the income mark?
Got an app for an apartment today that didn't make enough, but here's the deal. rent is $1650, x36 (1/3 income for rent) is $59,400 required income. He just started a Federal job at GS-7: $47,374, and will make GS-9, ...
Alexander Pezzutto
Private Lenders- how to set up legally?
I am considering using private lenders to invest in already owned property to pay off what is owed on a credit line used as the down payment. The credit line has about ten months before interest is charged and thus al...
David Soest
Will I have to pay a big tax after a sale?
I bought a house, owner finance for 40K last year.I've been living in the house and redoing it with my own money. I hope to sell it soon for 100K. I'll need to pay off the owner finance so I hope to walk out with 60K....
David Friedman
Flipping Homes- My Exciting Journey (Post 3 of ?)
Hello BP!I've started posting all of my previous flips, now that I feel like I've completed enough to actually have some good original content. I hope that by sharing we can all learn, network and discuss this interes...
Peter Lee
Automatic Stay for tenant that just filed Bankruptcy
I need your help guys,
I live in Las Vegas NV and this month, my tenant was late on her payment. So, I served her with a 5 day pay or quit.
Today, I just got an email from her attorney saying that she just filed ...
Robert Cornell
Owner of 1 Multi-Family Property.Pointers on business credit/LLC
Hello, I'm a new member to Bigger Pockets Forum.I'am a beginner to the Real Estate Business but I'm hoping to learn more, get training, and find a great investors to connect with. I purchased my first duplex in Inland...
Emma McClendon
House flipping: Where to start?
Hello, I’ve been doing a lot of research on the concept of house flipping and I’m ready to start but not sure exactly where. I’ve looked into certain loans and seen some lenders online, what’s the best option or is th...
Thomas Dougherty
Zillow listing service
Hi BP members,
Have you used Zillow for listing? I have a new listing on their website but they messed up my photos and descriptions.