Hi BPI recently bought a duplex in March and inherited the tenant downstairs who has been there for about three years.  They are a nice older couple with a college age son.  They are respectful, keep a clean house and...

We are currently in negotiations to buy a house and extra lot in Chicago. The sellers - for various reasons - need to have the house and extra lot as two separate contracts/sales. Our mortgage company has stated tha...

Hello BiggerPockets community,
I'm in a pretty unique situation right now, and I’d appreciate some guidance. Unfortunately, I lost both my father and a close mentor within the past six weeks, and each left me signifi...

i took a class with Richdad poor dad a while ago and the guy said that you want to have as many credit cards as you can get.  i have heard that having too many credit cards hurt your score.so my question to you is, wh...

Sorry if it sounds insane but forgive me I am a newbie to the whole "real estate world". Ugghhh.... This real estate stuff has mind going 100mph! lol..

Ok so, I am going to give you the numbers and some info about th...

I'm working with a family to purchase their property before they go to sheriffs sale. The price will be what ever is owed because they are also in bankruptcy. The catch is the second mortgage on the property. Accordin...

Hi, I have found my dream commercial property. Its a commercial retail space that has had 150,000k of upgrades. It was a old building run down and the city purchased it and fixed it up using TIF and then gave it to a ...

Let me know what you think as my potential first investment! 4-Plex Purchase Price: 200kCurrently tax appraised at 218k3% downpaymentTotal Loan Amount: 194,000Texas Teacher Heros Grant: 4% or 7,760PITI: 1729/month (10...

Hi BP! I'm purchasing my first multifamily property located in Redlands, CA. The property is nicely located near a university and the area generates a pretty decent selection of tenants. I've been reading about the pr...

I am getting familiar with Washington State absentee-owners in foreclosure. Now before anyone gets all "excited", absentee owners are fair game in regards to foreclosure so lets please not open up that can of worms. A...