Soumya Brijesh
Pro Members Need advise on structuring a short sale
Hello Pro MembersI am in talks with a motivated seller who has listed his property listed as a short sale.I am still unclear on how the seller owes on this property.The property is in Downtown SanJose CA and a great ...
Ryan Pal
Buying a property with a Life Estate
Hey Gang,I have a lead that is 2 houses on one lot. One house is paying $800 a month and the other is a Life Estate where they are paying 50% of the yearly taxes and utilities. The relative in the life estate is in ...
Joseph Villani
Annual Inspections- How often do you check up on your properties?
Good evening everyone.How often do you (if ever) perform a full walk through of your rental properties? I own a 1-bedroom rental and I usually inspect the rental about once a year (without counting informal pop ins). ...
Krystal Frangos
Limbo Property? Recorded deed entity is nonexistent
Hi everyone!Long time trolling, first time posting. Here is the backstory.We are interested in this property that is essentially owned by a bank that went bankrupt in 2008... but the property was relinquished in 2012 ...
Matt Jorgensen
HELOC on Investment Property in Florida
My wife's father passed away and we took on his home that has a good amount of equity (worth approximately $350k and owe $60k on it). We have it set up as a rental and is cash flowing about $1000 a month for us. I wo...
Tyler Segebarth
Help With Numbers on Duplex
Hey guys! So I have my first property under contract, and I’m interested in hearing some feedback from you guys on the numbers. The property is a 2 bed 1 bath duplex that I plan to house hack. It is in what most peopl...
Mimi Jaboin
Should I Bid on this Property? (Auction)
Hello BP Family. There is a property I'm interested in purchasing from Auction.From my research, here's what I was as able to gather:Senior Lien for $172,000 from 4/15/05 assigned to Bank of NY Mellon on 12/31/17.Juni...
Jason Parker
What do you look for when you do a walk through?
I have what seems to be a very promising property. Planning on doing a walk through this week. What do you typically look for?
Account Closed
Should I rent out my room to this person...
She is 24 years old. Moving out of her parents house for the first time. She just toured my house with her dad. Shes from peru but moved here a decade ago. I live in utah and I feel like shes super super mormon. Not...
Carter Henderson
Hesitant to jump into my first deal?
Found a townhome in a great location of Pittsburgh that overlooks the city. They are asking $380k for the property and the sellers are willing to finance the deal with no money down and 4% interest rate. Motivated sel...