Account Closed
Talked with a Lawyer Today. What do yall think?
Brief Background. I live in Texas. I'm an engineer by profession. I've owned 4 rental properties at one point in time. I've since consolidated down to one rental property that I currently own. My plan/aspiration is to...
Adam K.
When preparing for a short sale should you continue paying the mortgage?
My inlaws have a house that they moved out of 2 years ago. Our best guess at this point is that they are $20k underwater on it and they have no money to put towards selling it so it looks like they will list it with a...
Avery Robertson
MHP Partnership Structure
I am looking at an opportunity to invest in my first MHP with an experienced investor. The park is out state and my partner owns two other parks in the state. We are considering doing a 50/50 partnership where he will...
Jerryll Noorden
I think we just made 165K
Hi hi, My name is MSOOTKAUGJust finished my first flip!I once saw a question here that asked "how much money has Bigger pockets made you?"$165K End of my success story!Thank you all.well..(not counting the other whol...
Austin Hughes
$100K equity deal...tiny glitch
I've come across a highly motivated seller, who has a very nice duplex with $100K in equity right now. Needs no repairs, is in a great location, and is a killer deal.The seller owes back taxes, and those can be paid o...
Robert Burns
Alex Martinez Pro Wholesaler Course
I'm looking forward recent experience from any BP folks who have bought into Alex Martinez's Pro Wholesaler course. He is focusing on using the MLS to find motivated seller leads and then making offers through the li...
Eric Zawadski
Debt to Income Ratio Holiday Blues
I have read other threads like this but I still can't seem to figure out what to do...I have 3 rental units. They all cash flow $300-$500 a month. Each tax season I input all of my income and my deductions/repairs/exp...
Nick H.
Can you use income from ADU/in law apt to help qualify for FHA?
Hey BP,I am trying to make this deal work but right now my numbers are tight. The property I am looking at is a new construction side by side duplex, both units identical. For some reason it is not considered a legal ...
Jake Carter
My Short Sale Experience with WaMu/Ocwen
Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...
Bill Boudreau
New member in Utah
Hi All,Just joined BP, interested in buy and hold properties. The market in Utah seems to be pretty expensive, so I'm considering out of state opportunities. As far as locations go, it seems like Memphis and Indiana...