Sam Leon
backup offers
Do anyone here have any experience on submitting backup offers to short sales?
What is the success rate?
I have a number of properties that I am interested that went into pending on day one, or before I can arrange ...
Cale Delaney
How to do due diligence with private lending offer
I had an opportunity come my way with a couple fellow real estate investors are refinancing a short term rental property and the appraisal came in a bit low and they are looking for gap funding and are offering 15% in...
Aileen Yu
Limitations and Access by becoming a Real Estate Agent
Hi BP!I read through a few forums with this question but missing the actual list items to consider. I've already passed my exam and now wondering if I want to follow through with hanging it somewhere. My thoughts is I...
David Levin
Would you sell your primary home to invest in Multifamily?
Hi All. Current situation. Renting out what was primary home with net returns of $793/mo. If refinanced, those net returns will become $1122/mo. Currently living in rental which is over 1.9K less than mortgage, includ...
Derek Meyer
Multifamily Appraisal Question
I’m under contract on a vacant duplex that is move in ready and we should be getting the home inspection tomorrow. I’m offering over asking price (won against 6 people bidding) and the appraisal likely won’t meet the ...
Byal Thomas
I Think My Landlord Violated The Landlord Tenant Act?
My landlord charged us a security deposit of 1.5x rent + First and Last months rent (clearly this is more than. 1.5x rent) is this viable to sue? Or is this a loophole than landlords use to uneducated tenants? Thanks ...
Greg Moore
Vacation Rental Investors, how is your property doing this year?
In January, I was just about to move forward with my first Vacation Rental property, but put the brakes on it due to COVID-19. But 9 months in, it seems this sub-sector of REI is doing great— maybe even better than Pr...
Terry Owens
Medium Term Hard Money Pool
In the words of Salvatore Buscemi, I have a date to the Prom and now I need a prom dress. I have very little liquid capital to invest in this deal and would like advice on how to structure it. I want to hold it for a...
Cliff T.
Need advice on how to convert a primary to investment property
Hi BP-
Looking to get some advice on the best way to convert my primary residence to a rental property. In short, I purchased the property in 2013 for approx. $420K and the value is now closer to $475K. I would prefe...
Kathleen Ennis
Pittsburgh Investment Property
This is my first post! I'm so happy to have stumbled upon BiggerPockets this morning. What an amazing site. My husband and I are in the process of purchasing a home in the Lawrenceville neighborhood of Pittsburgh. We...