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Results (1764)
Dan N. Why do people use LLC for "buy & hold" rentals that have mortgages?
17 July 2023 | 87 replies

I am confused on this topic and I would like some input. I am going to acquire a few long-term rentals over the next few years. All properties will be acquired with a mortgage. Initially, I was sure I was going to cre...

RI N. Turnkey investment value
5 May 2016 | 60 replies

I've read many pros and cons of turnkey esp for out of state or country. In summary, the pros is for maximizing the "passive" portion of rei vs the cons of paying more to do it all yourself (cash or diff to access fin...

Greg K. Elderly mother served FC Auction notice,advice deeply appreciated
20 March 2018 | 22 replies

My mother bought a 2 family house for 514K back in 2006.  The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...

Bob Faulis $150MM mixed use under way after being broken 20 years, $10MM away
8 January 2017 | 45 replies

Diary entry One- I just spent a month doing the due diligence, aligning the management team, developing relationship with key players (particularly the lender), and I am almost there.  Well, .. . . was almost there.  ...

Jess White What does diversification look like for real estate investors?
24 January 2019 | 52 replies

We hear so much about how we should Diversify our money and portfolios. Yet most of us here on BP beat to a different drum. We don’t depend solely on a work 401k or pension plan to be our saving grace when we are 65. ...

Yinan Q. Subject to: title company won't issue title insurance
22 March 2021 | 42 replies

I got a potential subject to deal but when I talk to title companies, most of them won't do it because of the "due on sale" clause on the exiting loan. Only one title company I talked with said they can do it but won'...

Alex T. Flipping a foreclosed house in New Jersey (Detailed)
21 September 2020 | 25 replies

Hi, I'm a first time house flipper and just bought my first foreclosed property for 108k. The comps in the area are anywhere between 200-220k. Ive been meeting with contractors everyday, but don't really know whats a ...

Gene Hacker New limitations for Private money investors in CA?
1 April 2013 | 28 replies

I have read that now its only legal to invest 10% of your liquid net worth in a trust deed in California. So if you want to buy a 100k trust deed you need to have a cool million in the bank. I have also read that yo...

Mary Hoyt paying more than appraised value?
13 April 2013 | 36 replies

Ok, we went back to the drawing board last night and decided what kind of cash offer we are comfortable with on this distressed triplex (a 1935 house turned into a triplex in 1995 that has stayed at 90% or higher occ...

Account Closed Next evolution of Mobile Home Parks
10 June 2021 | 43 replies

Good morning all! I'm just curious if anyone has considered upgrading a mobile home park with tiny homes? I believe that tiny home is the next generation of a mobile home.Thoughts?