Harry Shmelts
Family member offering to sell me house $100k+ below market.
I have a close family member who wants to move out of their home and offered to sell it to me for a major discount. I am wondering the best route to take on a situation like this. As far as paying the least fees since...
Ryan Watson
Creating residual royalties.
I have an interesting subject to share, not sure how common it is but I like it. I had an old timer tell me in his exact words (im 25) that you cant take a shit in xxtown without paying the "rich family name". From wh...
Aaron Phillips
Asking "Is there anything left that is owed on the property?"
I have been talking to homeowners who are selling rehabs, properties in distress, or properties they just want to get rid of at least 3-4 a day now. I ask the same question to each and every potential seller I encount...
Kevin Burton
seller wont do deal unless
I have a seller telling me that he wont do the deal unless he gives a quit claim deed only. He said it was because he wanted to avoid capital gains tax. Is there a way to get around that with a general warranty deed i...
Oleg I.
How do you finance a property with collateral?
Friends, I have a couple of rental properties, and two of them completely paid off. I am trying to find a way to leverage them to buy my first multi-unit property. It seems that everyone I’ve talked to wants me to r...
James Meyer
Advice on 3rd home!
Hi all. New to the forums here. I currently own a rental under a VA loan and one home as my primary residence under a FHA loan. How do I get my 3rd property without have to put 25 to 30% down? I don’t want to take lie...
Missy Leeman
Design loving new investor
Hi BP community,
My name is Misola and I’m a longtime real estate fan and new investor looking to build a strong portfolio and to build an outstanding team. I started my journey buying and completely rehabbing my fir...
Kody Smith
Hello, I'm just Getting started with creative finance.
Hey everyone,I have recently read Pace Morby's book about creative finance, and am super stoked! I could use some help, and likewise would love to bring business to those in the community here.1. I could really use s...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
Jason Barnett
Auction "Characters"
Today I attended my first sheriff's auction. I wasn't there to actually buy anything, I mostly just wanted to watch and get a feel for how it works when you go to one of these things. Over the course of 2 hours I st...