newbie: so if I find an REO that has a strong equity position and I offer..the bank accepts, do I need to put down any earnest money? can I just make an all cash offer w/ a 30 day close window and farm it out to an ...
Can anyone point me to a step-by-step guide for end buyers working with wholesalers? There are a few things I'm specifically interested --- Do wholesalers actually enter into a PSA? Or is it a trimmed down agreement (...
Help!I self manage a few properties, one of which is a house that I rent out to multiple college students by room. I just received this email from a tenant: "I just wanted to inform you that I got a service animal and...
My tenant is about to hit the end of my 1 year lease. Great tenant that has paid on time until she lost her job 6 months into the lease. I gave her 2 months to recover from her financial loss. She was able to get help...
Hello BP community. I am a fix and flip investor and am looking for some help in figuring out if I should keep my latest rehab for a long term hold. I don't have any rental property currently, but would like to start ...
Hi guys!I'm partnered up in a duplex that has joint title with me and my partner out in Phoenix, AZ. Our original numbers were as follows.Original Numbers-$309K Purchase Price at 4.875% 30 year fixed-$278K Loan Amoun...
Hey All,Wanted to touch base on a few topics that are not typically discussed in relation to components of a RE syndication deal and how this impacts things from the standpoint of the LP in relation to such factors as...
So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
https://mortgageorb.com/forecl...Foreclosure filings are up 132% from a year ago. Yes, one hundred thirty-two percent... and the housing market is showing signs of slowing. On the first point... I'm wondering if the c...