Shefali R.
Wells Fargo short sale negotiation - help!
We bid $166k cash on a Wells Fargo short sale property in January. Bank came back today with a counter of $175k (which includes $10k relocation for seller). We want the property but want to counter the smallest amount...
Nicole Heasley Beitenman
Our first flip flopped. Now what?
Hello BP! I need some consolation, wisdom, and maybe pizza.My dad just completed his first flip. After all was said and done, he lost over $3k. We're not white collar people, so $3k is a lot to us. I tried telling him...
Boffill Yosleys
Stuck with a House for sale since November
Hello guys my name is Yosleys Boffill. I have been flipping houses for a year or so in the Midwest specially in Lousiville,KY. I was doing fine until I decided to go for a more expensive neighborhood and price range. ...
Gustavo Alvarez
DSCR Loan Prepayment Penalties
Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the ...
Russell Brazil
Is Bigger Pockets Creating Unrealistic Expectations For Investors
One of the more complex parts of being a real estate agent is setting realistic expectations for what your client can expect from the market. There are always going to be people who have unrealistic expectations, but ...
Brian Bradley
Asset Protection for Real Estate Investors
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
Dave Zarcone
My first project - Rehabbing my aunt's dilapidated house
Hello all,I'm new to the BiggerPockets forum but I figured there's no harm in sharing my experiences as a novice in case others have advice. I am currently in a house rehabbing and flipping situation not by choice, bu...
Cassandra Sifford
Credit Score Took a HUGE Dive
HAPPY FRIDAY BP!!! I've been a homeowner for 6+ years and had finally decided to get into REI. I'm still educating myself (been doing so for the past 2 years), but decided to a HELoC to fund the down payment and wo...
Moises Suazo
How to structure a potential deal
So I've been over-studying like I'm sure many newbies do, and I finally decided to just take action! On my way home I saw a for Sale by owner and just called him and extracted a massive amount of infortmation.I'm wond...
Kurt Schmid
REO Agent
I recently met with an REO agent. We discussed real estate in general and my plan in particular. I am going to find REO properties to buy at a discount, rehab and sell.
He mentioned he had some investors that he kn...