As I'm looking for deals as a new investor, a lot of houses that at least superficially meet my criteria are being offered at public auction. I have not done a deal yet, and am somewhat intimidated to try and get my f...

I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...

Ok, I'm going at re post this because it disappeared and in the BiggerPockets abyss. So here goes the lengthy explanation (Again).
I have a client with a $230,000 mortgage on a $260,00 home and a 6 month old bankrupt...

As the title suggests, I am just starting to enter the REI world. My first deal looks like it will fall through because the bank doesn't like my work history. (4 months as a union electrician, which the bank considers...

Question for the BP Mobile home experts:If a park has a fair number of mobile's with Rent-To-Own / Contract-for-Title on them, should the park keep the titles in the park's name or should the titles put them in the bu...

I'm trying to push this deal through. The potential upside is enormous. The short term is challenging. What are your thoughts?Asking price: $127,000Triplex, fully rented, owner occupiedMain floor (and full basement): ...

Here to help anyone starting out that's looking for some direction to landing a first deal. It can be done while working a full-time job, the right focus and passion will get you there. I'll keep it easy to read and s...

This is a question for my accountant, but since he's on vacation this week I wanted to see if anyone has had a similar experience. Here's my dilemma: I have struck a deal for a seller-financed acquisition of a mob...

I am looking to use a first time homebuyer FHA insured loan for the low down payment to purchase a duplex, triplex or fourplex in the Dallas Fort Worth area. One major part of my plan is finding a property. What I’m l...

I own a property that is zoned commercially. I want to put a business there. My wife has an LLC she established several years ago. I’d like to transfer the property into the LLC prior to beginning the business. Ex: f...