James Wise
Is there way too much encouragement of no money down investing?
I constantly see new posts from members saying things like
Got a sweet deal, but no money. What do I do?How do I find private money?How do I fund my deal if I have bad credit & no income etc?I want to get started...
Greg Weik
Why aren't Section 8 funds paid directly to the tenant?
I posted this on FB also, but I think it was a TL;DR situation, and/or no one really wanted to "go there." :)
If housing assistance, such as Section 8 is designed to help tenants, why not give them the funds direc...
Julian Buick
Why would someone sell a "perfectly good" seasoned performing note for 60-65 cents on the dollar?
I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
Shane H.
Can u help me put this deal 2gether? $2mil partial owner finance
Appreciate the help and advice as this topic moves along. A little long however figure the more info you know the better tailored your advice can be.What I've got so far. I met with a local gentleman who started inv...
Dave Kennedy
Loan Modification Plan (Obama)
I've been listening to CNBC this morning and they have been releasing some of the plan to bailout homeowners.
It was just released an hour and half ago so the details are few and far between at this point but here ar...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
J. Martin
Negotiating Purchase of Vacant Lot in Bay Area tomorrow. Advice?
Going to try to negotiate the purchase of vacant lot tomorrow. Any advice?I’m meeting the owner of a vacant lot tomorrow to try to negotiate the purchase of a vacant lot in the San Francisco Bay Area. It’s a killer pr...
Michael M.
Confessions of a Motivated Seller
BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
Louis W.
Dealing with Tenants who are bringing up laws.
Hi BP community,I am pretty new to running a rental property. I recently took over managing a property for family in the San Francisco. I was discussing rent and property situation with my tenants, and they got pretty...
Nathan Gesner
When is it OK to talk about money?
In 2005 my oldest brother asked me how my house sale was going. I mentioned it went under contract in three days and we were making $125,000 profit. I was in the military and would be considered lower middle-income at...