I called a small local credit union yesterday about a REO they have. It's a 4 plex, not sure if any of the units are rented are not. I plan to do a drive by tomorrow. I asked her would the bank be willing to financ...
Hey all, new member here! A partner (non-relative) and I are currently looking to acquire our first property and had some questions about the most efficient way to structure our business. We will be putting up equal ...
Just got a contact that has hard money to lend but will want to structure the deal as a lease option to the investor. I have reservations about this structure, but it may come from inexperience with l/o format. Term...
Hello Biggerpockets,I am a new investor looking for possibilities to expand my business. I have two rental properties with one of them as my primary residence. I am currently house hacking living in one of these prope...
Hello everyone,First of all, I'm so glad that I found this website which have ton of people who would help you to succeed in real estate.I'm totally new in invest on real estate and have thousands of questions.My firs...
I have a tenant that’s under Section 8 and been renting from me about 4 months. Her payments has been sporadic but has paid except I haven’t received November’s payment as of ( 11/20/21.)
Because of the condition a...
Do you have to own the property free and clear to offer owner financing?
If you don't, can someone explain roughly how you go about owner financing if you currently have a mortgage on the property.
I ask becuase I ...
My mother received a Notice of Trustee’s Sale from the HOA association for arrears and expenses in excess of $10,000 and it is scheduled for auction in a couple of weeks. At the moment her mortgage is $50,000 over ma...
Hello, my name is Dione Branch. I am a Realtor and Investor in Chicago. I've been working with multiple investors and felt it was now time to start myself. The first property we ( my family and I) purchased was...
I have had this scenario brought to me, and I am trying to find answers. I am not of the people, only looking for guidance.It is not super complicated but it is risky and I am not sure how to go about it 100% and what...