I too am a newbie (no done deals yet).  

Hello everyone. I started looking around BP a few weeks ago and thought I'd finally introduce myself.

A business partner and myself got into real estate about two years ago with a very rough foreclosed duplex. After...

And yes is you buy a junior position the other mortgages senior to you stay in place but the IRS goes away as stated.. its the first in time is first inline ... so say you bought a second TD and there was a first td and a few mechanics liens filed before the 2nd was filed then those stay.. although rare because the second usually wanted title insurance and would not fund with liens in front of it.I loved Trustee or Sherrifs sales when IRS liens were there.. it scared all the newbies away.. and or those that had to back fill with a loan ASAP and could not wait out the 120 days.

I’m a 32 year old IT systems professional. I graduated from UW with a degree in Engineering and an MHA from WSU. I grew up in South King County and currently live in Des Moines, WA with my wife and son. I bought my fi...

@Tom Kairys, one thing newbies miss is that it is much harder to get financing in the name of your entity vs. your personal name.You can get an umbrella liability policy and buy in your personal name, or buy in your personal name and then transfer to your LLC (risk the due on sale clause).All of these options have been extensively discussed on the forums and accessible via a few searches.

Cap rates come from closed sales that are analyzed by an independent professional third party.Crap rates are fictitious numbers made up by clueless individuals trying to scam newbie investors.There is no reason for you to be trying to calculate either.

So here we go:I have two properties that I own (mortgage), in two different states.  I bought these homes strictly out of the amenities they gave me as an occupant and at the time I never considered being a rental rea...

This journey started in March, there were times when I wanted to give up but every time I would read a blog or listen to a podcast I would get this renew sense of purposeIt took  me going to a local REI and meeting a newbie agent to kick off this dream.

Whats up Bp peeps, My name is Anthony Geren and the lovely lady in the picture next to me is Alyssa Widener my longtime GF. I ( Anthony) was born in Oak Harbor,WA (outside Seattle,WA on Whidbey Island) and have been l...

Hello everyone!My name is Dallas and I am new to both BP and real estate investing. So new in fact that I'm still renting an apartment (ugh) and don't own any property - yet! I was born and raised in the outskirts of ...