Sheree Fullwood
Owner Finance or Subject To?
Hi BP Family,Quick question!So I may have a potential deal in the Brooklyn, NY area. The property is in foreclosure, but the home owner is still interested in trying to salvage whats left of their credit & not los...
Andrew DeWeerd
Inheriting leases at acquisition
When ya’ll take on tenants currently on a year long contract with previous owner, how do you prefer to bind the contract you’ve inherited to include you as the new lessor?
1) Just scratch out old name/address and wr...
Sylvia B.
FHA vs. Conventional
Is FHA loan the best and why? What about Conventional? I was told that FHA loan wasn't a good idea for a owner/resident property.
James Leahy
Type of Corporation for Property Management Company
Hi All,My wife and I brought our first investment property back in April. Prior to purchasing the property we created an S-Corp to put the property under. When we informed the bank (Wells Fargo) that we wanted to pu...
Joshua Dawson
Your Feedback Needed - Working with Investors
First of all, thank you to Bigger Pockets for producing the Ultimate Guide to Working with Investors. When I started to digest some of the advice in the guide, I began to really concentrate on what I and the investor ...
Nicolette Alger
Highest and best use of vacant lot
My husband and I own a rental property in Ohio. The deed also includes a parcel behind the home which is .41 acres. The parcel is land-locked. I am trying to figure out if we could pour a driveway to the parcel and...
Charles A.
1031+Owner Financing scenario
I approached the owner of a foreclosed duplex I'm closing on this month.
Just googled her name and her phone number showed up.(I'm Jedi like that:))
Other stuff showed up too.
Including chapter 11 bankruptcy proceed...
Jon Delarosa
Taxes in Operating Expenses
Hello,New to this experience and learning as I go. Looking to turn my residential property into my 1st rental property and trying to look at numbers to see if it makes sense. A book I’m reading mentions “taxes” should...
J R Spikeston
How do I look in the eyes of a lender? SFOO Buyer and Holder
I never planned on being a landlord, but looking back over the last decade I've settled into the pattern I explain below. My main question is, "How will I look in the eyes of a lender when it comes time to buy my four...
Dilyara Agisheva
HOA and Master deductible
After a water leakage in our kitchen in our condo unit, the HOA is claiming that we are responsible financially for the repairs. The HOA is claiming that since the damaged water pipe was for hot water and only served ...