I paid cash for a duplex in Pittsburgh, then applied for a mortgage under the delayed financing exception that I learned about here on BP. I am trying to figure out if it is even worth it to go through with the mortga...
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...
Is there any update on the GOP tax plan and changes to IRS Section 121?
Last I read, it was proposed that the capital gains tax exemption requirements may change. The requirements for a tax free sale would require y...
Hi, I'm new to biggerpockets and looking for some advice on first time lending. I am thinking about privately lending to a friend who has many years of successful REI experience. One of my concerns is usury laws. I li...
Hello all! I'm a young, enthusiastic investor from the Flint Saginaw area of Michigan, and am in negotiations for an off market, turnkey 4-Plex about an hour from me. The owner, who is older and owns it outright, wa...
In my 9 unit complex, I recently rehabbed a unit with new carpets and then filled it with a new tenant. A month later, they're asking if they can get a cat. It strictly states in their lease that no pets are allowed h...
I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
I have a seller and a buyer all under contract and then the title company says their is an old Lien on the house.we called the bank and the Lien is payed off but they say it will take up to 30days to sent paperwork ou...
Hi everyone! I have my first deal under contract. It is an all cash deal. I am currently thinking ahead to the "next deal". I am interested in finding mortgage professionals that offer Fannie Mae Delayed Financing Exc...
I’m in California. I’ve been leasing my office space for over 10 years and still have 3 years remaining on my lease. The property was recently sold and plans are in place to tear it down to build low income housing. T...