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Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...
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Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
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Does anyone have experience refinancing a rental property to cash out refi a cash flowing property, only to turn it into a non cash flowing property after increasing loan amount from cash out? property as follows:cur...
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I put up a post on craigslist about buying houses, and mentioned lease options in it. I had a lady contact me shortly after this.
She said she has a house a couple hundred mils from my house which she owns. S...
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Hi,My first time in 5 years of Real Estate Investing that I had to evict someone. So the process is new to me...The tenant was recently locked out (11.28) and their Petition to Restore was denied. They owe me over 5K...
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A friend from my REIA was talking to me about how to make offers, and he (and other sources I've looked into) suggest making 2- or 3-part offers to increase the odds of my offers being accepted. As an example, he sugg...
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Just talked with a gentleman who has a duplex that he's deliquent in mortgage payments & a couple years of taxes. He's claims he doesn't have the lender's contact info and is willing to let it go into foreclosure....
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Hello,First and foremost, thank you for taking the time to read my post. I am a new investor in San Diego, CA. My brother and I currently own a SFR in Riverside, CA (fully paid) that we inherited and have been renting...
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Hey everybody. I haven't been as actively posting as much lately because I have been really busy this year. As some of the old timers on BiggerPockets may recall, I started doing lease options in 2017. I started of...
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Hello, I am a bisiness owner of a bar taht is coming to an end lease term. I have decided to purchase the property from the land lord and i would liek to know if the following asks are heard of or used:1. The purchase...