Hi BP Community,I am 24 years old with 65k saved and really pushing to becoming financially free as soon as possible. Many members mention buying small multi families until they are financial free - but how long with ...
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I am planning to invest with Summit Capital Partners LLC, a company in seattle who provide partnering opportunities. Here are some of my questions.1. Has anyone worked with them in the past that can vouch for them? I ...
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I was contacted by a conventional lender through BP. I checked their recommendations and they seemed legit. The loan officer certainly was very helpful and responsive at first. In retrospect, I think he was eager to s...
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This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
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Flip Summary - Royersford, PADeal SummaryI came across this opportunity as a straight referral to list the seller’s home traditionally as a licensed agent. Upon our initial conversation, her extreme level of motivati...
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I average 2 calls a week where someone calls me up and wants to buy one of my rental properties. I have heard the speeches so often I KNOW what they are gonna say next. Usually it starts out with, "we have bought a ...
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Hello everyone I perused the BP community in the forums section to determine if gold as hard assets (with the ability for liquidation) would have application as collateral for doing a real estate deal. I am a collecto...
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Just got a call , its 11.33 pm on the east coast and one of my properties is on fire. The tenant called me and she just returned home with her two young children and everyone is safe. The house is in Dayton Ohio and I...
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It is the spring and I thought I would give a primer on "creative financing" for the BP community.I will break it up into Beginner and Advanced.I will talk about well known and not so well known strategies.Beginner st...
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I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...