We’ll do it for legal reasons.

Hello BP community,I have an off market deal. The seller is in pre-foreclosure, but this is no ordinary pre-foreclosure. The seller bought the house back in 2006 with only his name on the mortgage and deed. In 2016 th...

My first one i was in a basement type setting i thought i was going to be in a fancy hotel before i got there the guy i was in contact with misguided me the directions so i was already off to a bad start, then i told him what i wanted to get into and i said wholesaling and flipping but this event all they spoke about was a lot of the legal stuff and how to get loans and use other peoples money no money no credit never explained much else, so i didn't really find anything out of that.

I also have 0 debt!

., don’t forget the CPA and Lawyer costs) Again Net Operating Income is calculated before debt - what matters more is the NET Annual Income (or annual cash flow): NET Annual Income = Net_Operating_Income - Mortgage_PaymentsAnd that leads to the Cash on Cash Return on Investment: C/C ROI = Annual Cash Flow / (Down Payment + Closing Costs)And I’m willing to bet you don’t get C/C ROI above 10% on any SFR in Austin area (based on these calculations and bought with conventional means, not subject-to or assumptions, or owner financing or other creative financing).

The reason I side tracked on law school was because I did not want to incur a large amount of debt, spend 3 years in school effectively allowing me to miss out on investment opportunities while not generating any income during that time period.

Hello Shayne,If you go through a asset based lender your debts, income, employment will not be a factor in approving you.

I am here in the US on a H1B work visa and I want to know if it is legal for my to invest in real estate, rent out houses and earn a passive income from it?

I contacted my property manager with some advice you recommended, such as check her license validity, call her Re/Max affiliation, and  plan to file a complaint, but leave legal action as last resort.

At this point, I don't want to keep digging in our heels and possibly have her threaten us with legal action or "withhold rent for repairs," etc.