Michael C.
Duplex Deal Analysis
I'm looking at an REO Duplex (3/2 & 2/1) that a realtor sent me. One highlight that turns me on is that I can use Conventional. Property looks pretty good inside. Below are the stats:
Asking Price: 70 k
Dwn...
John Koopman
Questions about foreclosure auctions. King County, WA.
Hello!I'm looking to go to my first foreclosure auction soon in King County, WA. I have a few questions on the process of the whole thing. Here is an real life example for an upcoming auction: There's a house in my ar...
Silvana Lavado
Received old sidewalk replacement bill
Hi BP!This is going to be my first question in the forums after buying my first property on July of this year. I bought a triplex, and while I’m extremely happy to be living rent free, the property needs a lot of main...
Joe Rinella
Due Dilligence for Auctions in MA
Hi folks,I'm new to real estate auctions and would like to know what due diligence others do before placing a bid at an auction? Do you run title searches for all auctions before placing a bid to ensure there are no l...
Michael McIntosh
First Property - Michigan
Hi all! I'm currently seeking out my first property in the Lake Orion/Rochester area of Michigan and don't have any experience in real estate. I have some liquidity, but not quite enough for a 20% down payment on a de...
Alfred Harris
Your ways to finance a property?
So I am looking to invest in properties. Not in a bad situation but don't have my own money to buy it. I could take out a loan easily but curious to hear other ways you guys have found to get the money for your first ...
Sonya Antrobus
USDA foreclosure - legal jargon translation needed
Consider this excerpt from the legal notice I pulled from our local paper (I left out the pieces that are easily understood like 10% cash due at sale, etc ):... in order to raise the principal sum of $137,040.05 with ...
Jason Bach
Lease renewal advice
My wife and I currently own and live in a three unit building in Chicago. We have one studio occupied by a tenant who has been there for two years who pays $850 a month. The other unit is a two-bedroom one-bath and re...
Brant Richardson
Financing question on my first deal.
In reading on BP I have found that getting traditional financing for the first 4 deals is easy, then you have to start getting creative. I have the capital and motivation for more than four deals so I feel like I ...
Chesley White
A marketing mistake turned into an opportunity?
Hey guys,
So I had a mistake happen recently that could easily be turned into an opportunity, but I need some advice on how to get there. I ordered some yellow letters for marketing and purchased a list from ...