Here is the scenario:I just purchased a property in Connecticut. The old owner is in assisted living an left anything he didn't want (trash out was negotiated as part of purchase price). The seller left a number of gu...

Hi BPites,As we all know the MFR market is pretty hot and deals are far and few between. A strategy I have been following is to make few offers every week without seeing each and every property. I strike out almost 10...

Having a very hard time finding a lender who will finance distressed note acquisitions. Has anyone been able to achieve this? Do you structure a line of credit or do they lend a percentage of your purchase price? Do y...

A friend of mine from overseas is interested in investing in real estate in my local market.  He would provide 100% of the financing (through his bank at a low interest rate) and I would provide the oversight and coor...

I have a tenant of a SFH that was in a bad accident March 1st. He was the lone occupant of his vehicle and there were 3 people in the other vehicle of which one died. He was in serious condition and has had surgery, b...

Hi everyone - I'm hoping to get some advice on a complicated situation that we're facing for a rental condo that we own in Worcester, MA. On September 4, our ground-level unit was subject to an immense amount of water...

Hi All,Does anyone have experience with structuring a rent to own deal? I am looking at purchasing a property for my cousin for her and her family to rent while they rebuild their credit. Goal would be for me to purch...

I could use some advice! I own two homes, one primary and one investment on my own. I also have equity (35%) on a third worth about 365k that closed in February. I have been doing house hacking for a few years and hav...

I have a funding question. I have a deal locked up for$250k.. (seller will finance me $50k. So I'm needing funding for $200k. Was looking into cash-out-refi. Accountant says this route won't let me deduct taxes. Does ...

Hi,
We just bought a foreclosure home at auction that we intend to rent. The house is currently occupied by the owner. How should we approach them? Should we offer to let them stay and sign a lease contract? Is it b...