Jamie Lennox
Do it Yourself Closing on a free property (Allegheny Pittsburgh)
Dear Bigger Pockets community,The Situation: I have contacted an out of town property owner in Pennsylvania who is willing to give the property away if I take on the back taxes. Even with a rehab the ARV would be low ...
Chris Simms
Financing options... HELOC and Cash out refi
First time poster! Without diving into too lengthy of a post.Bought first rental property just over 2 years ago.Used a HELOC to do so at 5.1% locked rate so investment property has no note on it.Have an option to do c...
Sandy Reddy
Sheriff sale
Hi,For the first time I am planning to buy a property in sheriff sale in NJ. . The property is in good shape. Now, i spoke to a mortgage broker if he can help me to close in 30 days. As per the sheriff sale instructio...
Marcus Wallace
Where can I get the one page contract for Texas?
Hi I'm new to wholesaling and I live in Texas I wanted to know where can I get the one page assignment contract that also have the clauses where I can back out if I can't sell the contract? And also where can I get th...
Brett Chien
typical flip process via HML?
Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...
Constancia R.
Offer on house while living overseas
Hello, all. I have quite a few questions. We are currently living overseas and want to purchase a house in Indiana, as a rental investment. It will be a cash deal that we intend to refinance later. I've never purch...
George P.
Living rent-free
So just I fully understand - when the SS property is listed on the MLS, the homeowner gets to live there for free until its sold, right? Meanwhile unpaid property taxes are racking up (another loss for the bank), and ...
Andreas Wilder
Hard Money Loan - Advice
Looking to understand if Hard Money would be a good fit for the following situation. Have a seller that wants to sell quickly. We worked out a price of $215k on a property that is likely worth $270k based on comps. Mi...
Amanda Williams
Input on duplex negotiation
Looking for some input on a negotiation I am currently working through. It is a duplex that has pretty significant deferred maintenance. I estimate that repairs to bring it to market value rents would be around 35k. ...
Leona Usaty
REDUCE AND NET LESS | LOS ANGELES COUNTY HOUSING REPORT
For sellers who must reduce their asking price to achieve a
A successful outcome, they likely will net less at the closing table.
Price Reductions
Carefully pricing a home allows sellers to walk away with the most...