Chris L.
Offering a tenant an incentive to move out.
I have heard of folksoffering an incentive to have a tenant to move out. I will be selling my property in NJ in a couple months and my tenant is on a month to month lease. A landlord can't ask a tenant to move out jus...
Alex Locklear
Working with MLS Short Sales
Is it worth trying to flip short sales already on MLS? Often times it just says "short sale possible" and no negotiations have begun.
Anyone think these are worth while?
N/A N/A
Transfering a property into an LLC
How do you go about transfering a property you still owe on into an LLC ?
And..is it even necesary for tax / legal purposes ? Meaning - I'm going to form the LLC for liability protection but wonder if I need to then...
Taylor Jennings
What to do? Seller owes more than what house is worth...
The house value is around $50k.
The amount of repairs are around $20-25k.
He owes $30k, but is up to date on the payments.
He recently bought a new house and will have to pick up both monthly payments by September....
Marisa Post
Short Sale Negotiations --- am I being taken advantage of?
Hi BP! I've been in the short sale process for about 6 months now on a home in Southern California. We're getting close to the finish and are now talking about closing costs, etc. with the listing agent / short sale n...
Mario Rosales
Looking for legal advice RE SDIRA funds lost in failed house flip
Hello BP community, I invested SDIRA funds as an equity partner to fund a high value house flip in the LA area. The contract was done via an Op Agreement / Promissory Note. However, the flipper miscalculated rehab c...
Brett C.
Help with Partner Holding Paper Strategy
Hi everyone, I have a partner who wants to hold paper long term for some of my deals. Sa-weeeeeet! I want to make the process as PASSIVE, painless and professional as possible for my partner and other potential part...
Patrick Frueh
Halfway House Arbitrage?
Howdy Bigger Pockets Folks,
I'm exploring a form of arbitrage with a potential tenant who is looking to provide halfway/bridge housing to the formerly homeless. They take single tenants who have been approved for ...
Jason Salzman
Question RE: sales agreement contigency
I'm in the process of writing a counter offer for a sales agreement that was presented to me yesterday.
The way things are written now, the sale is contingent upon the buyers ability to sell their current home.
...
Account Closed
How do Short Sales, Foreclosures and REO's Work
Need an explanation on how Short Sales, Foreclosures and REO's are used by banks. What is the best way to buy properties in these situations?