Alejandro Salcido
Wholesaling divorce deal
Does anybody know the process of selling a divorce deal? I have somebody who is willing to sell their property however they are going through a divorce... Husband and Wife got themselves in debt took out a loan on the...
Precious Thompson
Still no longer stopping someone from qualifying for a mortgage
Hi, I know someone who is interested in buying a home but says that her student loan debt is affecting the process. I am aware of the key factors the debt to income ratio plays in getting a mortgage is there anything ...
Courtney Comp
Thoughts on New Construction Property Purchase
Hello, I am thinking about purchasing a new build property in a growing suburb north of Dallas. It is still a relatively small community of 15k, but there is a lot of new development and a lot of new houses being buil...
Joshua Dorkin
Your Photo on the NEW BiggerPockets Homepage! Submit Your Image TODAY!
Hey BP Nation!
We're in the midst of a HUGE update to BiggerPockets, which will include a new homepage. We were hoping for your help in one aspect of the new homepage, a photo to be used as the main image of the page...
Brandon Sturgill
Strategies for Securing Rehab Costs
I am currently completing a live-in rehab on a SFH and looking to complete a concurrent SFH rehab/resale before relocating next year. I have a small bank willing to do a portfolio loan at 80% of purchase, 2 points ove...
Account Closed
Family loan
My mother co-signed my loan for my condo a few years ago. Considering creative financing options - a family loan (from her) for the remaining balance of the mortgage so I wouldn't be under a bank loan anymore. Is...
Shannon X.
Lost on something...
Let's say someone stops paying their mortgage, due to losing their job, however they still have a 100k mortgage on the house. Now at this point the bank takes the house away. Now when they sell the house as foreclosur...
Ty Wesley
Short Sale on the MLS
I see a short sale condo on the MLS in my area for with an asking price of 18k.
If I buy it will I own the property out right or am I just paying 18k to take over the existing mortgage which has a greater balance tha...
Allison Chronister
Can I make this a deal?
I have a motivated seller but this would be my first wholesale deal and I'm not positive I can make this deal work.
It is a 3 Bed / 2.5 Bath Townhouse
ARV $105,000
Estimated Repairs $2,000 (clean-up from tenant, ...
Nick Shri
Investors as Partners?
I have friends interested in joining the REI ride. They want to come onboard as investors/partners. Should I open new LLC with them as partners? I will have bit of my funds and will be doing all the work (finding prop...