On another post which we kind of derailed, we got into discussing creative financing techniques and clauses some of us use in notes secured by real estate. You can read more about it here:
Original "Motivatio...
Hi there,I'm new to REI and BP and currently researching where we might focus offering 'rent to own' lease option services, within the continental US? It seems 'logical' that both the hottest selling and economically ...
Glad I found this site. My name is Steve and I am 32 years old. I currently own a wholesale company for autos and powersports. I am looking to get into home flipping. I have a contractor buddy who approached me with t...
I am thinking of transferring funds from my Simple IRA to a self-directed real estate IRA. Wondering if anyone has done this and how difficult is it?
Hello,
My name is Dallas Jacobsen. I'm an Engineer, and only became a landlord by the lucky move of not selling when we bought a new primary residence. Out rental is in Lynnwood WA (suburb of Seattle) so the house val...
Hi, BP family. Quick question..We found a property being sold as is for 25k. However there’s a mold issue (not severe). Work needed is 8k.ARV is 63k. I believe I can leverage the fact that there’s mold to lower the as...
Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
Hey all you smart investors out there. My boyfriend and I have been looking into long term vs. short term rentals for the last year now and have recently started to lean towards short term. We currently house hack the...
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...