Ok, I have read a lot of posts on this subject and I am still unclear on what you can and can't do. But, it appears that I may not be able to do what I was hoping to do...Here is the scenario: I have recently "retired...

Hello fellow BP mates,
I just got started with my real estate investment journey. I live in the neighborhoods of Chicago and am looking to purchase my first rental property within IL. I am primarily looking for singl...

We purchased a first position NPL on a single family home in Charlotte NC a few years ago and did a loan mod with the borrower. He was paying consistently until last Spring where he missed 2 months of payments then st...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $55,000

Cash invested: $36,000

3/2 1,600+ sqft SFH. Off market deal. Required an extensive remodel.

What ...

I am interested in syndicating my first MF this year. Is it recommended to purchase a PPM Template online to give to your SEC Attorney to review/edit to save time and money of having the attorney draft from scratch?If...

Hello BP family!

Ever since I joined the BP a couple of years ago and read many inspiring stories, I FINALLY decided to take major action and quit a solid paying career as a surgical device sales rep to focus on RE...

I own a 3 unit multi family home in Upstate NY, bought in 2016 with a FHA 203k loan. Purchase price was $127K, renovations from the 203k brought the loan total up to $154K. The house was appraised by the county for $1...

We will be landlords in about 10 days if all goes as planned.Question 1: Do you know if we can add an amendment to the rental agreement that is currently in place? The agreement doesn't stipulate a late fee for late r...

I would like to get some feed back on my initial thoughts of getting into the real estate investment business specifically in the Denver metro area. I would like to purchase a single family home, demo it and build a ...

I've seen a lot of posts about people eager to start an RAL and wanted to share some of the costly lessons I have learned and hopefully you can realize it before embarking on these projects. I've noticed the usual pos...