I located a property that has a note for 140K. The note holder, an out of state financial company is eager to sell. The house was condemned by the city. The judge has given until March 28 to begin repairs or the house...
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Hello everyone,I have been educating myself through audio books, and REIA meetings for about a year now, but still feel like I do not know enough to really GET STARTED.As a stay at home mom to a highly needy toddler, ...
Hi everyone, just joined BP having come across the site whilst scouring Detroit properties on the weekend. Yep the usual web thing... 'that looks interesting.... Click...' and the rest is history. Then an hour later...
Okay BP, so I've decided to jump in (actually decided a little bit back.) And I figured I'd start a live Blog/Forum to document my epic triumph or defeat; though I'm pulling for the former.The History: My REI journe...
I had this tenant that I inherited with a recent acquisition. She must have been living with a boyfriend for the past 2 months, but from the moment ownership was transferred to me, she neither payed rent, or attemp...
Hi guys. We have the opportunity to purchase a house at a very good price. It is currently occupied by a 50's aged widow. She pays about $350 UNDER current market rates, the rent has not been raised in 4 years. ...
I recently changed property management companies and they want to move forward with evicting a tenant who has not made their sewer and trash payments. The tenant owes $180 for these missed payments but the cost of ...
Hi everyone, I am a young investor seeking out guidance on my first deal. I've been educating myself for over a year on real estate investing, but feel that I'm stuck in analysis paralysis. I highly value any advice e...
I have brought this up a few times in other discussions and figured best to a new post so everyone can follow along and see how the build is coming. Here are the specs on the property. Duplex, 3 Beds 2 Baths 2 Car ...