Question. Newbie here... I have been talking with a flipping team that has experience to JV with them. They want me to fund the 20% down payment and buyer's closing costs to purchase a flip. They will use hard money f...
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Hi BP members, is there a way for property owners to roll the equity of their home over into a multi unit development. For example my neighbor owns two homes next door to each other on two separate parcels of land. He...
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Used a heloc on primary to buy first rental, i want to convert rental to a 30 year mortgage so I can use heloc again to buy 2nd rental. Is this a good idea and will I need 20% down even though I own it already ?
Hello, fellow Chicago bigger pockets users. I am moving to the city in the coming months and am looking to get a better understanding of the Chicago market, and neighborhoods, and if anyone knows of any programs that ...
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Greetings, I have a tax related question that I'm looking for some advice on. Specifically related to joint venture type deals. Let's assume I am to do a JV with someone who would be purchasing a property in their nam...
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how do you protect your investment in a property someone else owns?how do you keep liens/encumbrances off the title?If the seller already has a mortgage in place, one that could foreclose on the property, would you in...
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Hi all, I have been listening and gaining much from the forums and podcast. Now i hope to give back to new investors like myself via this question. Oh by the way I finally have my first property under rehab, which was...
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Hello BP Community,I'm learning how to evaluate foreclosures and have a quick question about the trust deeds affiliated with the property. I'll try to lay out the information simply, then ask the question.House was pu...
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Okay guys,I have a list of motivated sellers/absentee owners in the Mecklenburg and Gaston county areas. Do you guys go through your motivated sellers list, such as looking the properties up online or driving by them ...
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Hello All,
In Nov 2011 I purchased a empty lot in a high end neighborhood for 175k.
I am in process of selling the lot (bidding war going on now) I have 4 offers at 260k so I will have a solid ROI on this deal. I...