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25 August 2017 | 6 replies
@Tyler Mullen @Chris Mason @Harjeet BhattiThanks for the responses.The reason why he cannot transfer the deed back into his name or even to a revocable trust is that he will be disqualified from medicaid.Portfolio lending may be an option if he can find a suitable lender but hard money is out of the question, as he'd rather sell then pay those high rates.Does anyone have any suggestions for a portfolio lender that may work for this?
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24 August 2017 | 2 replies
Reach out to them, meet them, and offer to work for free until you gain experience, knowledge, and confidence to take the bigger leap in your career.
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27 August 2017 | 9 replies
I thought it would take me a decade+, but really just took some sacrifices and pursuing what I really wanted (of course, it also meant abandoning my 9-5 career!)
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31 August 2017 | 7 replies
My question is how necessary is it to get my Real Estate License during the beginning stages of my investment career?
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29 August 2017 | 10 replies
@Alex Deacon That's my number one priority this early in my REI career.
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31 August 2017 | 6 replies
I was really counting on Re wholesaling to launch my career into MF cash flowing properties.I know I will need to sit down with an attorney and get it precleared at the bank , but any advice here on how to tackle will be very appreciated.Thanks in advance, BP nation.
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19 September 2017 | 11 replies
Currently renting out the old primary residence at $1800/month with a cashflow (after mortgage, insurance, taxes, vacancy, maintenance, cap ex, etc.) of over $500/month; with the other two investments each pulling in between $250-350 a month.I also decided to make tennis my "full-time" job and pursue real estate more heavily as my career.
30 August 2017 | 4 replies
I am 21 and starting a career in truck driving.
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30 August 2017 | 13 replies
Welcome to Bigger Pockets and best wishes with your real estate career.
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31 August 2017 | 3 replies
I think what you are looking for is someone trained in the ways of real estate investing - an agent that will:Introduce you to FSBO's - Expired Listings and other real estate opportunitiesWill be your fiduciary representativeWill make offers for you on suitable real estateWho understands creative financing; delayed settlement, seller assisted financing, assignment, wholesaling, REO, tenant selection, soft money mortgages, tax salesWho will be responsive to your financial goals and a person of integrity and trustHelp with direct mail and street marketing to locate transactionsHousing and rent court marketingAbsolute aware of financial and contract clauses as well as contract engineeringCan assist in - delayed settlement - automatic extension, performance mortgages, subordination, principal mortgages, options and joint venturesAware of bidding on REO, forclosures, tax sales and public auctionsUp to speed on commercial real estate, lots and land as well as businesses with real estateHow should you treat this wonderful person (if you can find one) -They should have a commitment from in the form of a Fiduciary Buyers Brokers AgreementYour agreement to pay them a commission on any non-listed deals they bring youA bonus agreement for great deals that you closeA gas budget - or a cash payment for gas Kind words and respectTo be sincere and active with the agentRespect from youFirst class training on how to represent youSometimes an equity interest in the great deals the agent has initiatedListings when you are ready to sellYour cooperation - all your financials, tax returns and other information that will help your agent close dealsA few free lunches ----Good luck --- Charles