I got duped into sending $10K in the form of a wire transfer to a person who was acting like an individual from the title company. This is my first rental property purchase, and I was deceived into thinking I had to w...
Why are people generally not ok with “feeding” a rental property with negative cash flow, when they basically do this every day with standard retirement accounts? What’s the difference between putting extra cash into ...
Hi everyone,What do you think about selling in this format?For example, I own a property that I bought for only 25,000$ (before repairs). I thought of selling it to local potential home owner for about 50k: 5,000$ dow...
Hey There BP Community!My brother and I have some construction loans on new properties coming up on closing. We have been trying to move aggressively with our purchase rate and have 10 properties. Some purchased and...
Hey BP family! Burning question for experts, especially in Washington state (Auburn, Kent, Renton, Seattle, Bellevue, Kirkland, Tacoma) investors. I wanted to poll the experts on this one. I help a lot of folks out of...
Hello all! I currently have two single family rentals and a duplex. All of these units have steady rental history, positive cashflow, and are on 30 year notes. I'm very pleased with all of these rentals and have no...
I've been trying to decipher the statute of limitations for filing a foreclosure action, specifically in Georgia for the moment, but am looking for information on how it works generally in any state. From what I have...
If I pursue a property with seller financing, is the house immediately mine with the contingency that the original owner gets it back if I default? Or is the house transferred to me one the balloon payment is due? Als...
Hello Bigger pockets family,Looking for advice on a situation I came across. Property was purchased 2 years ago by the current owner. Va loan. This individual stopped paying (not sure if flat out stopped or had forebe...
Hello Everyone, A homeowner in pre-foreclosure reached out to me to sell his house and it's a situation i've never heard of before. Looking for some guidance if i should even pursue it:Situation: it went to preforclos...