Abdenour Achab
How would you reach the homeowner or resident in these situations?
I live in California, and own six tax liens in Arizona for which the redemption period has expired. I mailed out the 30 day notice to start foreclosure on five of them over the last two weeks.
One of the properties i...
Chad U.
Code Violation Liens in Florida
Hi BP,Here is my dilemma, I won an Auction.com property which states they will be providing a SWD and insurable title, yet the addendum supplied by the bank in the purchase agreement states: "BUYER UNDERSTANDS AND ACK...
JaNae Anderson
Out of state investing
I’m looking for REI groups in the Bay Area that specialize on investing out of state.
Jeff Minc
Refinancing to Pull Cash Out
I was hoping for some feedback on this idea. I currently rent out a condo I own which cash flows roughly $450 a month. I like the cash flow but don't need it. I bought it in 2013 with a 30 year fixed at 3.66% (owner o...
Chris Adams
Here is how I do it, Please critique
Ive been a REI since Jan 2010 when we acquired our first distressed property, a SFH, with the sole intention of rehabbing the house and converting it to a rental. Prior to this I knew NOTHING about being a REI. But...
Jeremy Karja
Contract for deed deal - Good one?
HI BP,This would be my first deal. We are looking for mainly rental units but willing to do a couple flips a year is our long term goals.Our mentor we met recently is VERY experienced nice older gentlemen. First dea...
Devin Duval
Should I Rent or Sell?
Hello BiggerPockets family!
I am new to real estate investing and frankly I am not sure where to start. I listen to all the BiggerPockets podcast and I have a friend who has been wholesaling for years and just start...
Andrew Farmer
Making offers on seller carry back
So far all of my deals have been low all-cash offers. I want to start making Sub 2 and seller finance offers. When you make offers for seller carry back, what can you offer to pay them monthly? I've talked to people w...
Kerry M.
Why a 7 year loan?
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
Mr Good
Crunching the numbers
Hi,
I want to buy a single family home as a longterm investment. I already own a nice home and I have around $300k in short-term CDs ready to invest. I like the idea of earning rental revenue far more than the stoc...