Samuel DeMass
Closing at a distance
Hey BP,I'm under contract for a property that will close sometime next month. I have a great team in place in the local area helping me through the acquisition process. I have other properties in the area, but I've ...
Cheryl Packham
Commercial lenders view on negative cash flow acquisition
Hello everyone,I am looking into a property that has 13 units total and due to bad management and deferred repairs and maintenance the units are cash flowing poorly. Based on the information sent over by the listing ...
Account Closed
FHA loan on second property
There is plenty of useful information on FHA financing here, but I couldn't find answer to the following question:Is my first rental property (non-FHA) going to affect my ability to qualify for an FHA loan for my seco...
Arcinio Arauz
Probate/Trust question
1. Property is held in a trust2. Trustee dies3. Successor trustee wants nothing to do with the property and is drug addict. No other kin4. Trust document is lost and no copies found at attorney's office5. Taxes are de...
Dan K.
Advice from investors - handling issues with mortgage brokers. When does an orange flag become a red flag to you?
I wanted to ask some advice from other investors and mortgage pros on BP on how to better manage the mortgage process as an investor.I ended up trying - what I thought would have been - two relatively simple refinance...
Julie Toh
Rising rents attracting investors in Vancouver
Article from the Canadian Real Estate Mag dated Oct 26, 2015High demand coupled with a lack of inventory. Sound familiar? That combination is not just the domain of the residential housing market, but also the multi-r...
LaQuadra Neal
Market Research in Minneapolis
Hello Bigger Pockets' Investors,I am starting real estate investing as a wholesaler. I am slightly overwhelmed because I hear a lot of seasoned investors say learn your market. I believe it is a vague statement. What ...
Hunter McClellan
First Investment House Hacking and Cash Flow
I am thinking about house hacking a duplex in Texas with a FHA loan and am not sure what I should be shooting for in regards to cash flow after I move out. If I pay close to full price, I will pay around $200 a month ...
Diane G.
Look at this for rent map in San Francisco
In case you need more convincing that we are heading down hill, take a look at the rent map in SOMA in San Francisco.... Note some of the pupple dots represent multipe vacant unit (37 at Tehama, 25 at Rincon, 27 at So...
Angie Shires
How do we obtain title in assumption
I am needing clarification on assumption. We are purchasing a home from a wholesaler who closes tomorrow...I assumed the title company would have something to do with our assumption...but apparently that isn't correct...