I'm getting started in flipping and am just starting to look for my first property. I will be marketing for my own deals, and I don't expect to find many/any deals on the MLS, so I won't really be using an agent to he...

With rates 6.5%-7%, especially for investment properties right now, I just read about assumable mortgages where you simply take over the mortgage of the seller when you buy the property. How does this work? Can anyone...

Scenario: 2nd lien bank foreclosure auction ~ $50k judgement/fee/interests.  Winning Bid at auction $100k.  1st lien owed $150k (not in foreclosure yet)

My question: Does any winning bid over the 2nd lien credit b...

I found a great 4/2 duplex opportunity in a neighborhood that is converting. I need some help coming up with creative offers that would help the seller get out of a sticky situation. First of all, the seller is the li...

Greetings BP’ers! Over the last few years I’ve done some “career hacking” to find a better work/life balance for myself. Well I’ve achieved that goal after 7 years! I’ve gotten things to where I can work from anywhe...

I understand you can defer taxes on SFH through a 1031 exchange, but what about tax deferment as an LP of a syndication?  It's my understanding you'll have some paper losses due to depreciation that you can push to fo...

I have an interesting deal on the table to join a pretty significant multifamily syndication as a co-GP for 1,000+ units at a price tag of $130m+. Financing is in place as is an institutional equity partner. My positi...

We all know about the 70% rule and how it works. But if your numbers are correct for ARV and repairs, and then have to back out your assignment fee as well. Sometimes its difficult to get your offers accepted beca...

My parents have had their house paid off for over 15+ years already. The house is worth about $250k. Is it a good idea to finance the house to tap into the equity? (using the money to invest in more real estate).My co...

I thought it would be fun to start a thread where we can share our craziest fix-and-flip stories, biggest "oops" moments, and the golden nuggets of wisdom we've picked up along the way. Whether you're a seasoned pro o...