Mike Landry
foreclosure stopped, now short sale....realtor ethics?
Here is the deal. I was the winning bidder at the February foreclosure auction. As I went to pay the trustee, a relator approached me and advised me that it is his clients house and that the client filed bankruptcy ...
Account Closed
First Cash Out Refi Deal
Hello BP, I'm currently working on my first cash-out-refi deal with a portfolio lender. The bank will give me 80% ARV with no seasoning period - just need a valid lease. My private lender is a close friend who is ch...
Nicole A.
LLC with rentals - Buy out, sell, other options?
Hi BP!
As a few of my fellow BPers know, lots has been going on in my life over the past year or so. I've been in the process of splitting up with my husband/partner. We are on good terms. Everything is fine. He has ...
Marcus Auerbach
2018 proposed tax changes
2018 is comming up fast and Washington is debating a tax reform bill. I have not heard anything local from Milwaukee or Wisconsin State level, but I would be curious to hear comments on the proposed tax bill on a fede...
Alesha Rayford
first contarct && handling objections
so, on Nov 3 I got my first contract. I found the deal on zillow. he first wanted 180k, but got it under contract for 119K, we even negotiated lower to 110k, but didnt get the second contract signed. Long story short ...
John S.
Opportunity to purchase a rental book of business
I believe I found a somewhat unique opportunity to purchase a current investors portfolio of properties. I'm going to try and include as much detail as possible, and please feel free to ask questions or critique as n...
Ron J.
HOA Has 40% rental restriction but its managed by only 1 person which owns 4/16 units in complex but wont let me rent.
is this even right or fair. My condo has 16 units and the hoa president owns 4 and is telling me that the 40% rental restriction is in effect which means that 60 percent have to be owner occupied and only 40% re...
Victor Noriega
First Successful Land Flip
Hi BiggerPockets,My wife and I would like to share our first successful land flip. The deal:Purchased the property for $3000 paid the back taxes of $2200 and the closing costs were ~$700, so total investment was $590...
Chris Chiaramonte
Anyone heard of/used Opcity?
Hey everyone - I’m newer to the forums but a long time podcast listener here in Iowa. I’m a realtor, and was talking to a former client today who moved to Austin,TX and works for a Real Estate startup called Opcity. J...
Ben G.
Indianapolis Subject 2 Deal?
I was contacted by a lady in Wayne Township, with a house she want's to sell in Clermont a small town west of Indianapolis. She is 4 months behind on her mortgage. She lost her husband last year, and she has been una...