Can I use someone else's money (that wasn't gifted or loaned to me) for my down payment on a bank loan? Situation explained below as briefly as possible. I have a family friend that wants to get out of their 2 family...
Hi Everyone,I was scanning deals today and noticed a single family property that I thought might be a good candidate to have a seemingly redundant living room converted to a studio apartment. Can anyone provide some ...
I am wondering if there is another alternative besides wholesaling a property. I am in the Charlotte area and would like to start marketing to smaller cities (with probably no cash buyers). Is there a way I could s...
Hi, we have mobile homes. We like lease option. We have found a 1976 single wide 2/2 that would cash flow well, and have money at the back end, but will probably not qualify for any loan programs anywhere. We can ...
Hi, I am a 24 y/o from KY and have been thinking about getting into real estate. I work full time and have saved up almost 70,000 in a savings account that is not earning much interest and I think I should put that mo...
I was not looking to add anymore properties this year. First, I am broke. I spent everything I had in 2014 and anticipated spending 2015 fixing up the properties I purchased and boosting rents. Second, I thought I had...
Hi BP!I've found the BP podcast tremendously valuable as a learning resource and I am excited to get involved in the forums. For a while I was considering becoming an agent, but investing seems like a better fit for ...
Hi everyone. I had just bought my first residential property and am about to be done fixing it up. I have found a duplex unit that has been of interest to me for quite sometime but was unavailable until recently. Can ...
This will be our first deal (my partners' mom actually) and its a good one too, with a twist.She owes 130 and its worth 330 to 340 but she'll take 275, she's relocating from Redding CA to Sacramento CA in a couple of ...
Looking for some advice on a rather unique situation - I have a buyer looking to purchase a property they fell in love with for $1.75M using a 1031 from a $2.4M property, however the seller is unwilling to accept any ...