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NEWBE help! Legal "owner occupied" question...
So my wife and I live in a condo (and we have for 7 years). We decided to build a house last November, found one we liked and signed with a local builder.
Since that time, we have been through myriad delays and a lo...
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Suggestions on Rehap Project
I am thinking about purchasing my first rehab house. I am a little nervous about this and would like any advise. The house is a large 2 1/2 story home in a small town in Indiana. It has six bedrooms on the second f...
Ken Hicks
Dallas "foundation problems"?
What am I hearing so much about foundation problems in the Dallas area? I am told you have to water your foundation because it is a slab and is on clay that drys up to much in the summer. Has anyone ever had or know o...
Jim Shaw
Discussion Topic for other Landlords **weather damages**
Fellow landlords I had a unique situation last week and wanted some opinions.
I had a CO issue (I'm close to an expert now if anyone needs advice) and my tenants called the local utility company. They allowed...
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if it sounds to be good to be true is it
I fund this property on the internet. I was told on the phone that it is a 3bd one bath house in So CA and this is the crazy part the lady only wants 30,000- thirty thousand dollars. I just found this today is this wo...
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Selling house to friend to avoid foreclosure
My wife was out of work due to illness for nine months. Many of our bills fell behind. To make matters worse my mortgage with Option One was purchased by Litton Home servicing. This new mortgage holder has essentially...
Lonnie Hammond
Ambitious Aspiring Investor
Hello all! I have had an account/profile with Bigger Pockets for a while, yet I never took the time to completely setup my profile or simply seek the "How to Get Started on BiggerPockets.com" guide.
Basically, I have...
David Marsh
Question About Renting New Construction
Hi Guys - brand new member here... hoping for some good advice. Fiancee and I are building a brand new home. It's fairly large (4400 Sq/6 bedrooms) We will own it free and clear and should be completed around April...
Mitch Freed
Subject To Underlying Mortgage
Does anybody have experience with taking title Subject To the underlying mortgage. I just closed my first transaction like this and I am wondering what is the best way to make the mortgage payments? The note is stil...
Russell Zuck
Private Money: Definition of Terms
I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details...