First time posting here. Super impressed by the wealth of information.I used to work for a wealthy family, and I'm considering asking for a mid-term AFR loan from them. Using current rates, it would be possible to ge...
Hi, I have a motivated seller for a vacant lot who contacted me yesterday. He was the step-son of the property owner. He found me after one of my direct mail campaigns. He mentioned his step-father was deceased and...
Homeowner wants to sell but the auction is in 2 days.
A lot of investors in my area use the bankruptcy method to stop the auction and have more time to close the deal.
I’ve never used this method. I usually send a...
I am about to purchase my first rental home. I do plan to purchase more in the future. My question is, when starting this, do I buy personally or start a LLC? Commercial loan rates are higher than personal, however I ...
Hi allI am a Sac State student doing taking a RE Investing class and I am working on a project. I am trying to make it as realistic as possible because this is something I would like to do in the real world. I was hop...
So I just found out that the loss ($9,500) I showed from last year's real estate syndication investment ($25k) was useless on my return due to the fact that the IRS disallows the use of this passive loss if AGI is >...
Good morning BP,
I’m in the infancy stages of my REI career. My goal this coming year is to build my education and purchase my first property.
I currently live in Orange County, CA AND I’d like to know where would ...
I am in the process of buying a house from someone and right at the last minute when the deal is supposed to close my title company calls me and tells me that there is a Lis Pendens on the property and the other can't...
Does anyone know what happens to the money that comes from the difference between the balance on the lien being foreclosed and the highest bid at the auction? Is that money given to the homeowner? If so how do they re...
Trying to get a very basic summary of pricing a None performing note for sale! Just a basic strategy. Its in connecticut with a high property value of 650k and 200k left as unpaid balance ! Everyone I ask says a diffe...