I am struggling with understanding how using a HELOC for a down payment on my next property is any different than financing 100%?I realize how a heloc works and the advantage is using accrued equity instead of cash sa...
I'm new to all of this, can someone help me understand exactly what a non performing note is? What exactly am I buying, and what are all of my options when selling? All help is appreciated, thanks!
Hello BP Family. I just have a quick question about understanding "APR." I think I am over thinking this, but I just wanted to make sure I fully understand it.
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Here's my exampl...
I just finished the BRRR Book and I'm trying to understand the purchase process. IOT to properly BRRR I would need to buy a house roughly 75% undervalue, correct? For example if I saw a house for sale for 180K I would...
Does anyone have any suggestions on a clear definition or maybe even a list of what could be considered a capital addition? Are these things set or does it vary?
I'm sure I could google and do other kinds of research on this topic, but I love BP so I thought I'd post some questions right here and see what my awesome peers have to say on the topic. I always hear (on BP podcast)...
Hi guys quick question. So I contacted the owner today with an offer. They excepted however they’re also investors/wholsalers and aren’t looking to put it under contract, they want to do a joint venture. I don’t under...
I was just checking on HUD listings around my neighborhood and saw something that i liked. I did some BP search and understand that you can have a HUD home for as low as 60% of the price. I was more interested in kno...
Hey gang, I’m a newbie trying to figure out the example on equity I purchase a home for 340,000 here in NY bout 2yrs ago fixed it and just for sake of argument let’s say is now worth 380,000 I’m guessing I have about ...