Based on my understanding, purchasing points typically necessitates holding the mortgage for 5-6 years to reach the break-even point. Given the current scenario, there's a high probability that mortgage rates may decr...

BP!I would have never been able to do it without the BP community!  I will be closing on my 151st unit in less than 24 months.  If you told me I would have more than a 100 units when I first started looking into real ...

So, recently I have found the bigger pockets podcast and they’ve done a really good job if getting me hyped up to do rentals. I got this idea in my head that there’s a way to use a va loan to start getting rentals. Th...

I’ve entered into an LOI to sell owner occupied commercial real estate (special land use permitted cannabis property) that I’ve held for about 18 months. The sale will create a sizeable gain that I intend to 1031 to a...

I wanted to share a lesson I learned with those getting ready to pull the trigger on their first deal. Despite having a couple great mentors, reading "Rich Dad Poor Dad", and listening to dozens of BP podcasts - I qu...

Appraisal= $258k/ purchase price = $230k/ Built-in Equity= $28,000/ Down payment cash $27,000.I have $27,000 cash to put into a down payment on the above home BUT, I need to use some (about $10,000) for a new roof/gut...

I have a triplex. It is appraising at $120,000. How much should I try and purchase it for? I have heard to try and purchase the property for 10% less than what it is worth. 

I'm currently 18 months (1 year lease, 6 months on month-to-month) into a SF lease. I've never missed/been late on a payment and we've taken very good care of the property as it were my own (probably better than a...

When I have a seller who's property isn't listed, how do I go about starting the short sale process with the bank? Any help would be appreciated.

Hi everyone,
     So I asked this type of question a few weeks ago but I just need some kind of clarification. Basically I am 20 years old and a licensed contractor in NY Metropolitan area. I am interested in learnin...