Michael Batts
Letter of Intent with Multiple Offers
Hey BP Fam! Happy Friday! So, today was my first day driving for dollars. Made a list of distressed looking properties. Skip traced them & Called.3/15 on the list want to hear my offer on their property. I'm now b...
Ryan Biankowski
Cash Out Refinance Tricks and Tips?
I am nearly completed with my first fix and flip and will be doing a cash out refi in about 2-3 months. I was told recently that I could negotiate refinance fees basically down to nothing if I tried hard enough. Thi...
Andrew Yip
Need advice on making decision hold or sell
Hi Bigger pocketers,Through bigger pockets, I've been a big fan of BRRR. I bought and hold properties in southen california area ( total 6 investment properties). My investment properties would be considered class B ...
Jorge Ruiz
Fund And Grow Business Lines of Credit
Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...
Jennifer Jo McCallon
Can one really get foreclosed on after missing one payment?
This article makes no sense. What is your take?https://www.ktvu.com/news/flam...
Tim Coppola
Opening credit cards for remodeling purchases.
Greetings BPers,What is everyones thoughts on opening a rewards credit card and charging remodeling costs (about $15k) on it? I know interest rates are higher on these cards and my credit score would take a hit (as op...
Liam Hanson
How to find the numbers for a Pre-foreclosure
I am looking at a house in preforeclosure scheduled for auction in a couple weeks. I have access to some info, but not everything I need to know. It is listed on Auction.com and they provide a "title information" docu...
Patrick Mahoney
Buying a Second Deed at Foreclosure Auction
Hello,
I recently found a home in California that has two Deeds of Trust on it, the first being a mortgage and the second being a line of credit. The Trustee for the second (the line of credit) is foreclosing on the ...
Steve LeBlanc
Portfolio Loan interest....is it deductible?
I'm in the process of combining 5 of my investment properties (currently individually mortgaged) into a portfolio loan. Is the interest paid on this new portfolio loan deductible just the same as the mortgage interes...
Brian W.
Is this a good idea?
Hey Guys,I'm currently a college student with massive loans.I also just got a job that pays around $775/month.Would it be a good idea to spend ~$500/month $140,000 4BR house? I could then live in 1 room, and rent out...