I am purchasing a town house, foreclosure move in ready condition. After running the number I show $200 per month cash flow. I calculated all monthly expenses such as taxes, monthly maintenance fee and still come out ...
Has anyone done any small to medium sized business wholesaling? The SFH wholesaling market seems to be saturated at the moment with wholesalers. I was told by a mentor of mine to look in to wholesaling businesses. ...
I found a property owned free and clear by someone that now lives in an assisted living home.
I would like to talk to her about seller financing and need to know the pros of a deal like this for the seller.
I am wo...
Hey BP,I have a situation that I haven't come across before so I figured I'd post it. One of my tenants called me yesterday and explained to me that her and her BF (both on the lease) are splitting up. She was in tear...
I'm selling my primary residence with owner financing (bond for title). I still have a mortgage on it of $174,000 plus equity line of $18,000. House $250,000, 2% down, 5 3/4% interest. My personal interest rate is...
One of the most common questions newbie real estate investors ask is:"I am a newbie and I want to raise private money to buy deals. How can I do it?"I will answer it using my personal experience. I started investing i...
I recently became victim to a complex real estate wire fraud scandal. I am writing this first of and foremost to get the word out there so no-one else follows in my footsteps. At the same time, if anyone has any sugge...
Hey everyone! I wanted to reach out an here your thoughts on my situation.I have recently been presented with an amazing opportunity and am weighing my choices. My company has gone through a round of layoffs (financ...
When I was in college, I took an economics course. While I only got a “C” in the class, one thing I did takeaway was the concept of “Supply and Demand”. In my 25 years of investing in distressed second mortgages, I...