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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
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I'm new on BP and joined after I started listening to Joe Fairless' "Best Real Estate Investing Advice Ever" podcast. It's very motivating to hear other investor's stories. Curenrly I work full time in mental health a...
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A recent post questioned whether owners buy flood insurance. There were a few posts and replies.
I've owned properties and paid insurance on well over 1000 homes in the last 40 years. Do you know how many insura...
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BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
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On some other threads, there seems to be an underlying debate or difference in philosophy around buy-and-hold investment strategy: In one camp, the goal is to invest in high appreciation areas, even though they are h...
I am in need of some guidance on how to handle a situation. I am posting this in behalf of my in-laws who are the landlord of a rental affected.The landlord was notified last night of flooding in the basement unit in ...
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What was your January 1, 2016 like? Well let me tell you about mine. At the end of the year I had a little spare cash sitting around but I knew that I needed to get at least 3 houses, maybe four roofed this summer. ...
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Hello everyone.As a newbie I am a little concerned about investing in a city and state I am unfamiliar with for the following reasons.a) buying in a place I’ve never been tob) not being able to tell what part is good ...
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I just purchased a single family home in the downtown area of where I live. I purchased it because when I drove by and spoke with the realtor the cost for what was being sold seemed so crazily low I had my offer in th...
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This following is the 2nd full paragraph of my daily Craigslist ad. What is in italics afterwards is a response someone sent me."If a motel room is your standard of living, you are pathetic. I'd rather not rent a hou...