I am buying a 4 plex, and I live approximately a 3.5 hour drive away. I am just curious if you can close on a property without being physically present? I have a very demanding job, and I am not sure if I can arran...

I have a relative who is going through foreclosure.  They are content with letting it go.  Are there any options I have before the Sheriff's sale to purchase the property?  I know short sale is out of the question (or...

Hello to all, We are new to REI and have a unique opportunity to begin our journey. We are interested in a vacant property that has been vacant for 6 months. The unique piece is that we have access to the property a...

Has anyone here ever defaulted on an SBA 504 loan. How is it dealing with Colson's Servicing? Did they attempt to enforce the personal guarantee? Was bankruptcy required?

How about a short sale? How was that handled?...

There is a property near where I live that is currently vacant and in really rough shape.  I researched the owner and discovered he had died and this property was part of his estate.  I read the court documents and di...

Hello BP!

I have an issue I could use some advice on.

Smart money about a year ago was that the rates were going anywhere but down. So about September of last year, my wife and I refi'ed our Single Family Ren...

Any advice on obtaining the cheapest money if you have 10 conventional residential loans? Our loan broker in CA told us rates would likely increase 100 basis points as FANNIE and FREDDIE won't buy them. Is this correc...

Hello BP Baton Rouge community

I recently just won the bid on a piece of adjudicated property in Baton Rouge. The property ended up on the sheriffs sale list because the current owner of the property did not pay...

I am very curious to hear about the experiences of other home buyers about this "benefit".

How often is a quick close (10 days or less) important to your motivated seller?

Personally, only one time was closing in ...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $255,000

Cash invested: $30,000

This is a duplex I found on the MLS in Palm Bay Florida. I used a HELOC on m...