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Hi everyone, Can someone please clarify a few things about subject-to for me? I understand that you essentially take over the existing mortgage from the seller, thus "subject-to the existing mortgage". Does the buyer ...
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Sherman Bridge Lending-User BewareFalse promises, bait and switch hidden fees and spiked interest rates.Name of their game-- keep you locked in the hard money as long as possible.I've been using Sherman Bridge for the...
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While out riding around the neighborhood I wanted to invest in I ran into an open house and met with the agent. The house was overpriced (she even said it that day) I decided to try and network, she was nice enough to...
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I was in a partnership to buy rentals. My partner and i went separate ways and divided up the properties. They had all been in the biz name and 3 guaranteed by him so until i was ready to get a loan i went into a leas...
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I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I ...
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Back story:
Today I was making a trip to go change the locks on a few houses I bought at this months County Auction.
While out in the area where I've purchased quite a few houses, I noticed a rundown house and chec...
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Hi everyone. So you know how on all the podcasts etc they say "I'm not an attorney and make sure you speak with an attorney first...." well I did just that. I spoke with 2 attorneys in the past 2 days and they complet...
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I have a crappy upstairs neighbor renting the unit above me & I own my downstairs unit. So far, the tenant has gotten 2 noise violations & the last one resulted in a $100 fine. Now, she has this guy that has b...
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I am a first time home buyer and looking into purchasing a fourplex in which, I will reside in one of the units and rent out the other 3. Since it is my first time, I have many questions I was hoping the biggerpockets...
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So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...