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I've been reading a few note guides, and came across the concept of using your note as collateral for another loan. This way instead of selling, paying taxes, you can borrow against it and invest again.
Anyone have ...
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My business partner and I have been working for 3 years saving up money to make our first down payment on a Real Estate Investment. I have been working as an electrician and my partner has been working construction. ...
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Hi everyone,
I checked the forums... most threads are about SELLING on a land contract. I want to know how to SEEK OUT land contract deals as a buy and hold strategy. Is there a method for searching these...
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Hi All,I guess I will start by describing my situation. Last year I purchased my first single family rental property with a standard 20% down payment. The loan amount was below the lenders typical threshold, but they ...
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Hi all, I have some questions regarding applying for conventional financing for an investment property.Is it common to be asked for all bank account statements, other investment accounts, and retirement accounts? Are ...
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Investment Info:
Townhouse buy & hold investment in Huntsville.
Purchase price: $198,412
Cash invested: $6,000
New Build Town Home. Equity play, using Buy & Hold
What made you inter...
Hi all, Hope y'all are doing well in this crazy market! I was hoping y'all can help me answer some questions with my complicated situation. I am currently in the midst of selling three of my rental properties in Green...
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During co-vid, I wasn't able to make any payments, and the mortgage accrued to over $20,000. The smallest payment the bank will take is $17,000. My payoff quote is $67,000.
I don't want to use my entire saving on my ...
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Hello BP Family,I need ideas of how to approach this opportunity. Initially, I see it as a bad deal. However, I started to wonder how I can turn it into a good deal. The seller is my coworker, who has been mismanaging...
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Hi BP! I'm a new BRRRR investor looking to get my system in order for an impending purchase. All steps of BRRRR are important, but I can see a mismanaged rehab making or breaking a deal. I am looking for advice on ...