Ok, I'm throwing this out more as an interesting situation to show the unexpected stuff that can happen. Since most are in different states, with different laws, this may be completely different for you than for me. ...
Hello InvestorsI need some advice on this out of state Commercial purchase. We own small Commercial office spaces and are looking into purchasing a Retail building with 2 tenants with one of them being a big box corpo...
Put in an offer at list price with 3% seller concessions and furniture included. With the concessions I am able to cover closing costs and get a 2 1 buy down. So my monthly payment for the first year is approximately ...
Calling for experienced landlords. I bought a property with tenants (a couple with a kid) already in it. When I bought the property, it was managed by a property management company, so the lease was with that company...
The BP community seems to cater primarily to the "Young and the (financially) Restless" , but I'm a 55yo retired military and soon-to-be-retired federal employee (14 months), considering one final encore career for 5-...
Hey Everyone,Just closed on my first flip in Maryland. The seller smoked heavily in the property, house is 1250 sq ft and is a rancher style. I was thinking we needed to remove carpet, scrub walls, and then prime, but...
Investment Info:
Single-family residence private money loan investment in Garden City.
Cash invested: $52,000
This is the second time I've acted as a PML; the connection was made on Facebook of all place...
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Imagine if you are out of college on a full scholarship. No debt. A credit score of a 709. In the interview stages for potential employers for engineering jobs. Looking to build wealth to set yourself up for more fre...
Hey BiggerPocket, it's a silly situation, it's my fault, I hope you don't laugh at me too much LOLI made an offer on a house, they accepted it almost instantly, I realize the purchase price is too high, what should I ...