Ronda Lewis
Are free prosperities a good investment?
Recently when working with an investor on a wholesale deal the investor offered me what sounded at first to be a great opportunity. He would give me 3 properties in Gary, IN for free. All I would have to do is fund th...
Vince Longobardo
First property deal analysis
Buying first property and wanting to do all the homework I can before I make an offer. Here's the deal:
-Historic home in central Florida.
-asking price $85k (short sale)
-25% down. 4.25%
-$2030 taxes
-$1709 insur...
Hai G.
Seller backing out of an accepted offer
I'm looking at a situation where the seller is trying to back out after he has accepted my offer but I would like to proceed with the transaction. Has anyone encountered a situation like this? What was your experien...
David Yao
Value Add
I read a number of blogs and heard a bunch of podcasts that mentioned the idea of beginners bringing value to people who are already in the field. The idea is that people's time and experience is not free and it i...
Ivan Jouikov
Are A-Frames hard to borrow against?
I'm considering the following place for my primary residence:
http://www.redfin.com/WA/Bonney-Lake/7223-191st-Ave-E-98391/home/2956561
I checked it out yesterday and I really liked (it really is something different)...
Jared Sandler
Important Questions for a Hard Money Lender
After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
Sherilyn Spears
HELP!! REO Owner Occupant (or not?)
Hi all. I'm in a frustrating situation that I would love to get some opinions/insight on!I have recently submitted an offer on a foreclosed property that has been on the market forever. The MLS description even descri...
James Ross
Short vs Long Term Rental Recurring Costs Summarized
Hello Bigger Pockets! In keeping with my habit of “do some research, write a post,” I’ve been looking into short and mid-term rentals as compared with a more “normal” long term rental. Specifically I’ve been trying ...
Stephanie Sherman
Is a second home ever a good investment?
Hi all, I am still very new to this and in the education/information gathering phase. I'm wondering if it's ever a good investment to buy a second home/vacation home? My family and I have a favorite town on the Oregon...
Donna Freyman
Tax Deeds
I am interested in investing in Tax Deeds, but I'm skeptical of the technicalities of it that I'm uneducated about. I've seen in other forums people posting to watch out for county liens, back property taxes, HOA debt...