Tikii Williams
Seller wants to sell mortgaged property to brother
Hi Bp friends,I have a seller that want to sell his already mortgaged house to brother and mother. Neither one of them qualifies for bank financing. I suggested owner financing, but the seller want to buy another hou...
James Park
How to be proactive on finding a corporate transfer tenant and my biggest investment mistake on rental #1
Back in 2006, I made all the beginner's mistake in buying my first rental home. I paid full price for $546,000 on a new construction 5 bed / 4bath 3900 sq/ft with a basement home in a gated subdivision adjacent to...
Terry N.
Sell or keep out of state rentals? MI and NC. THanks!
I own two rentals, one in Grand Rapids, MI and one in Raleigh, NC, but live in NY. The GR home is a 1920's home valued at approx. $130k, I owe $100K. Lease is $1,100 a month. I make about $100 a month. Lease exp...
Jose Lira
How does this make sense? And how to approach to get the deal.
Hi everyone,So, during my research to get a loan for a MHP that I am looking into, my bank and my insurance company recommended me to gift the MH's in this park to the current tenants and rent the spaces to them so th...
Reese Thompson
Selling FSBO, Buyer Using Agent
My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO). He called me a couple days ago saying that he received a verbal offer from buyers using an agent. He was frustrated because his...
Juan S.
Buying Bank own Properties NOT Listed for Sale
Hows it going BP,While driving through an area of town where I would like to invest (Diving for $$) I came across a ton of properties in really REALLY nice neighborhoods that seemed to be abandon. You know the typical...
Antonio Bodley
Does it make sense?
Does it make sense to go over board decorating or should I say "add value" to a home you never intend to sell? I know of a certain someone who goes too far with decorations to the inside and outside of the house. Mos...
Kimberly Walker
Hard money fail- how to get out
So, my first investment property went sour. Being new, I think I dove in head first without thinking of all the possible issues I could be confronting.I financed a single family property with a hard money loan. Things...
Brenda Whittaker
Emergency Financial Ideas Needed~!
So I'll make it as short as possible. I was sued and lost a judgement for $25,000. They know about 3 rentals, in my own name, free and clear. I am very aware of the eminent danger. I also have a 2nd loan on my own...
Joe Salimao
Pulling comps
Hi,
How can one effectively pull comps on a property? Are there sites that you can use, besides zillow, that show you comps and the actual details of the property rather than just what it sold for? Obviously I will us...