Christopher Albritton
What is a Seller Carryback?
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Marimar Hernandez
I have 100K - New to investing. What should I do?
Hello,
I am brand new to investing. My husband and I bought our first house when we were 22; using my parents as co-signers.
Now, we are 25 and we have rented our 4 bedroom house and moved back with his parents to sa...
Mayson Madden
First time Home Buyer- Quad Plex
For StartersFirst off, BiggerPockets is an amazing site. I have been one of those lurkers everyday while listening podcast after podcast for almost a year now. Started taking the advice of Brandon and Josh and communi...
Dave P.
Experts, care to make a wager?
I have just started the negotiating of a short sale. The purpose of this post is to hear from the experts the likelihood of success for this deal. My headline may look a touch confrontational, but it's not at all. I j...
Roc P.
Rentals in bad areas
I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
Kyle Kieke
Understanding valuations of small multi-family - San Antonio, TX
OK Bigger Pockets,First real post so here it goes...I'm a rookie. Completely new to real estate investing but I've spent the last couple of months listening to BP podcasts, attended some webinars, and getting in some...
Jason C.
Evicting for discharge of firearm in the house
So we had an incident in one of our duplexes where a guest of the tenant was shot inside the home. I heard about it from the tenant on the other side who was afraid for their own safety, obviously. They have called me...
Rob Beland
Hard money loans to business entities
Can somebody @Ann Bellamy please explain why hard money lenders only lend to business entities and not people? I'd specifically like to hear about any Massachusetts laws/regulations. Thank you.
Jerry Kisasonak
Deal feel through... attorney won't release my hand money!
I entered into an owner financed deal. The seller wanted to use their attorney to handle the closing. I sent $600 hand money to their attorney as was required in the sales agreement. After the title search came back I...
Erik Miller
Do short sales hurt your credit score?
I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik